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August 23, 1988

PHILIPS TO TAKE MINORITY SHAREHOLDING IN SILVAR-LISCO

By CBR Staff Writer

Philips NV will be taking an undisclosed minority shareholding in Silvar-Lisco Inc as part of agreement under which Silvar will develop a set of computer-aided engineering tools for design of applications-specific integrated circuits, at its Leuven, Belgium base: the initial multi-year agreement is worth $10m, and Silvar Lisco will market the resulting products to other potential users.

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