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March 11, 1987

NO TAKERS FOR RCA SOLID STATE

By CBR Staff Writer

Semiconductor companies are such a buyer’s market these days that General Electric has not had a single expression of serious interest in its RCA Solid State unit, the biggest of the three chip shops it is trying to sell. The RCA operation is regarded as particularly sticky because on GE’s acquisition of its parent, the joint venture on CMOS was dropped, so that there is now a big gap in the RCA technology and product line. LSI Logic is thought to be still interested in Intersil at a price below what GE is seeking but both companies are now on a maintenence basis, running down to the point where they are only fulfilling their existing commitments.

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