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Prior to signing the global partnership agreement with the Standard Chartered Bank, Euronet has been managing ATMs for the Bank in India since 2003.
The CPS will be convertible into new Chartered ordinary shares (the "Ordinary Shares") or, subject to certain limitations, American depositary shares (the "ADSs") of Chartered at the election of their holders, and are expected to raise approximately US$211 million.
We believe this award reflects the value Chartered brings companies like Agere, offering value-added services and flexible solutions to meet our customers' needs.
Nordic VLSI and Chartered initially targeted a subset of IP building blocks that enable a variety of product applications such as broadband communications, TV/video, digital imaging and computer graphics.
We believe the value Chartered brings companies like Agere Systems is our demonstrated ability to provide flexible services and solutions to meet our customers' needs.
Pursuant to the Transaction Agreements, Chartered agrees to sell equipment, transfer and license selected proven mature process technologies, and provide the required operational assistance to CSMC-Tech.
We look forward to taking the program to new levels with Chartered to create even more efficiencies throughout the entire supply chain.
We believe his extensive knowledge of the semiconductor industry and his understanding of the needs and challenges customers face are considerable assets that will serve Chartered well in its drive to win more 'first source' business and capitalize on the progress it has made at the leading edge," said Guilmart.
In addition, Chartered and the VCX now offer an efficient link between their two organizations that streamlines the supply chain for designing and manufacturing complex semiconductor products.
Chartered will use its local presence to better serve current and future customers and technology partners in the Nordic countries through closer working relationships and local resources that can be rapidly mobilized to support customers' requirement for advanced manufacturing solutions and services.
After numerous calls from the media, we realized that many people had questions about the Internet's effect on the marketing and sale of chartered flights," said Clif Stroud, NATA's Director of Communications.

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