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Acorn Group has sold its 50% stake in the Xemplar school computers business to its joint venture partner Apple Computer for £3m. 11-Jan-1999 Acorn is to set up a £2m research centre in Bristol to develop digital TV chips, and it has also announced plans to stop supporting its personal computer brand. 15-Dec-1998 Acorn Group is to abandon a £2m project to update its Risc personal computer range, and will reduce its workforce from 175 to 100 as part of a reorganisation that will save up to £5m a year. 18-Sep-1998 Acorn has won a $8m contract to supply digital set-top boxes to ImagicTV, the Canadian software concern that is planning the first commercial service for broadcast TV over conventional copper telephone wires. 09-Sep-1998 Acorn is undergoing a strategic review that could lead to the sale of some activities in order to focus on set-top boxes for digital televisions and computers, and it has also announced plans to sell its 26% stake in the ARM microchip design business. 15-Aug-1998 NChannel plans to introduce Acorn's NetStation network computer in the UK in October, selling for £399 and expected to enable many more people to use email and the internet. 19-Jun-1996 Acorn Computer plans to launch one of the first network computers, costing under £320, this autumn, having won a contract from Oracle to design such a machine. 22-May-1996 Acorn Computer is setting up a new company with Apple Computer so that they can jointly market their products to UK schools. 14-Feb-1996 Acorn Computer and Oracle are to jointly work on the development of low cost network computers for the internet. 11-Jan-1996
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