Intel delays the delivery of key chip

Article Abstract:

Intel Corp.'s new high-end chip code-named Merced will miss its target availability date by six months, coming out in mid-2000 rather than late-l999. The chip will be targeted at computer makers designing systems for large companies now using Unix operating systems. One analyst says the delay is better than a recall. Merced will be used by Microsoft to enhance its Windows NT o/s; Digital Equipment, soon to be acquired by Compaq, will make computers that run either Windows NT or Unix; and Sun Microsystems is adapting for the Merced chip. The chip will process 64 bits of data at a time and will be able to perform multiple tasks at one time.

Comment:

New chip, Merced, won't be ready until mid-2000; first high speed Intel chip since Pentium

Semiconductor and Related Device Manufacturing, Product information, Very-High-Speed ICs, Intel Corp., Very high speed integrated circuits

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First Hawaiian agrees to merge with BancWest

Article Abstract:

First Hawaiian Inc. reported that it will merge with BancWest Corp. in a stock deal worth $1 billion. The new entity will have $14 billion in assets. First Hawaiian will change its name to BankWest Corp. First Hawaiian is the wholly owned subsidiary of Banque Nationale de Paris SA (BNP). BNP will probably be the controlling shareholder in the new company.

Comment:

Will change its name to BankWest Corp

Commercial Banks, Commercial Banking, Acquisitions & mergers, Organizational nomenclature, First Hawaiian Inc., BancWest Corp.

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Quark backs down from takeover bid of Adobe Systems

Article Abstract:

Quark Inc. announced that it is withdrawing its offer to acquire Adobe Systems Inc. Adobe is Quark's much larger rival. In August 1998, Quark announced that it would acquire the entirety or a major part of Adobe shares. Quark has approximately one-fourths the yearly sales that Adobe has. The company would not reveal its plan on how to acquire Adobe.

Comment:

Quark Inc. announced that it is withdrawing offer to acquire Adobe Systems Inc.

Computer Software, Software Publishers, Strategy & planning, Applications Software Pkgs (Micro), Software, Adobe Systems Inc., Applications software, Quark Inc.

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