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August 16, 1988

WHAT THE GE SOLID STATE ACQUISITION WILL MEAN TO HARRIS

By CBR Staff Writer

Harris Corp’s acquisition from General Electric Co covers pretty much the Fairfield, Connecticut company’s entire chip business and, as we suggested (CI No 994), more than doubles the size of Harris’ $300m a year chip operations, creating an $850m-a-year group and shooting the Melbourne, Florida firm up the world semiconductor league: as well as the RCA business, it includes what is left of GE’s Intersil acquisition in Cupertino, and Harris will get manufacturing plants in Findlay, Ohio; Mountaintop, Pennsylvania; and in Ireland; RCA’s Somerville, New Jersey administrative headquarters; and chip assembly plants in Taiwan, Malaysia and Singapore; GE is keeping its semiconductor research and development operation in Research Triangle Park, North Carolina, which also has short run fabrication facilities.

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