SANTA CLARA, Calif., Jan. 21, 1998 — Intel Corporation today announced the successful completion of the tender offer by its subsidiary, Intel Enterprise Corporation, for all outstanding shares of common stock of Chips and Technologies, Inc. Approximately 23,162,979 shares of Chips and Technologies common stock were tendered, and accepted representing approximately 97.6 percent of such shares outstanding (includes shares tendered by guaranteed delivery).
Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.
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