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November 16, 1993


By CBR Staff Writer

Philips Electronics NV says it is searching for partners with financial strength and key skills to help it exploit opportunities in the multimedia market: it wants someone in the telecommunications business and computer systems business so we can really add value, Frank Carrubba, Philips’ executive vice-president told Reuters – It may not be a partner, it may be a tripartite or a quartet of companies, said Carrubba, a former Hewlett-Packard Co executive and now Philips’s multimedia strategist.

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