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SCHEDULE 14A INFORMATION
(RULE 14-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of
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VLSI TECHNOLOGY, INC.
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VLSI SETS RECORD DATE FOR PHILIPS CONSENT SOLICITATION
SAN JOSE, CA, MARCH 23, 1999 -- VLSI Technology, Inc. (Nasdaq: VLSI) today
announced a record date of April 1, 1999 for the proposed consent solicitation
by Royal Philips Electronics related to Philips' unsolicited cash tender offer
for all of the outstanding shares of VLSI at $17.00 per share.
As previously disclosed, VLSI has filed with the Securities and Exchange
Commission preliminary consent revocation materials opposing Philips' consent
solicitation of VLSI's stockholders.
VLSI Technology, Inc. designs and manufactures custom and semi-custom integrated
circuits for leading firms in the wireless communications, networking, consumer
digital entertainment and advanced computing markets. The company is based in
San Jose, Calif. with 1998 revenues from continuing operations of $547.8
million, and approximately 2,200 employees worldwide. Information related to
VLSI Technology is available at VLSI's homepage, www.vlsi.com.
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Contacts: Analysts/Investors Media
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Lisa Ewbank Todd Fogarty
Director, Investor Kekst and Company
Relations 212-521-4800
VLSI Technology, Inc.
408-474-5519
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