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Article: DIGITAL EQUIPMENT CORPORATION AND MOTOROLA SEMICONDUCTOR SIGN AGREEMENT FOR SALE OF DIGITAL SOUTH QUEENSFERRY SEMICONDUCTOR PLANT
- Article from:
- PR Newswire
- Article date:
- January 5, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MAYNARD, Mass., Jan. 5 /PRNewswire/ -- Digital Equipment Corporation (NYSE: DEC) and Motorola Semiconductor today announced that they have signed an agreement to transfer ownership of Digital's manufacturing facility in South Queensferry, Scotland to Motorola. The plant, which is about 210,000 square feet and employs approximately 500 people, manufactures a variety of semiconductor products, including members of the Alpha microprocessor family. The transaction is expected to close in summer of 1995.
Under the terms of the agreement, Digital's South Queensferry employees will become Motorola employees at the transaction closing. In addition, all Digital ...