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From: jbiggs@acorn.co.uk (John Biggs)
Newsgroups: comp.sys.mac.hardware,comp.sys.mac.misc
Subject: Re: Apple backs new company to produce RISC chip
Message-ID: <4326@acorn.co.uk>
Date: 6 Dec 90 12:33:53 GMT
References: <1990Nov30.100007.18367@axion.bt.co.uk>
Sender: jbiggs@acorn.co.uk
Distribution: comp
Organization: Acorn Computers Ltd, Cambridge, England
Lines: 33

In article <1990Nov30.100007.18367@axion.bt.co.uk> ncliffe@axion.bt.co.uk (Nigel Cliffe) writes:

>From article <1990Nov28.195451.7400@midway.uchicago.edu>, by gft_robert@gsbacd.uchicago.edu:
>> -----
>> Yesterday's New York Times reported that Apple was buying a (controlling?)
>> interest in VLSI, a chip manufacturer.  Today's NTY reports the following
>> (reprinted w/o permission):
>> 
>	[NY Times Article Removed]
>
>The Financial Times (London) reported that the Apple stake was about 8%,
>with approx 40% each to Acorn (Olivetti) and someone else (Sanyo?).
>
>Nigel.

I now work for this new start up you are talking about, which BTW is
called "Advanced RISC Machines Ltd", and would like to put the record
straight :-)

Unfortunately the Financial Times got the percentages wrong. In fact both
Acorn and Apple have a 30% stake in Advanced RISC Machines Ltd and VLSI
Technology have 5%, leaving 35% for future investors.

For more details of this new company see the copies of the press releases
which have been posted to comp.arch, comp.sys.acorn or eunet.micro.acorn
by rwilson@acorn.co.uk under the subject "Joint Venture Announcement".
 
John                                                    _
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