INTEL, MATRA-HARRIS DISSOLVE CIMATEL PARTNERSHIP
Intel Corp <INTC> of Santa Clara, Calif.
And Matra-Harris-Semiconducteurs (MHS) said their Cimatel joint
venture design facility was dissolved as from June 1.
    Intel makes logic and memory components. MHS is a joint
venture of the Matra group <MATR.PA> and Harris Corp <HRS>.
    Cimatel was formed in 1982 to design standard VLSI devices
for the telecommunications and computer graphics markets.
    MHS said in a statement that changing market conditions had
led Intel to reassess its marketing policy. It had concluded
that without common marketing goals a common design centre was
impractical.
 REUTER
