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August 11, 1988

CALIFORNIA MICRO TO PAY $70m FOR GOULD’s AMERICAN MICRO

By CBR Staff Writer

Gould Inc, a shadow of its former self these days, is now selling its one-time white hope, applications-specific integrated circuit pioneer American Microsystems Inc. Buyer is Calfornia Micro Devices Corp, Milpitas, which buys the assets – including the 1.25 micron plant in Pocatello, Idaho, and name and assumes some liabilities for $70m cash to grow its annual sales to $130m.

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