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Sunnyvale, Calif. - Philips Semiconductors is shutting down the Paradise graphics-boards business unit that it acquired from Western Digital Corp. about 10 months ago.
As of Aug. 9, the company has been quietly letting go the unit's 40-odd employees. A spokesman said, however, that Philips would keep Western Digital's graphics-IC business and its intellectual properties that came with the Paradise board-unit acquisition.
The Sunnyvale chip maker initially tried to sell the board business internally to the parent company's end-user system units, but there were no takers within Philips. Philips Semiconductors then tried to find an outside buyer, but that effort didn't pan out either.
Hence, the company had no choice but to...