Ariel Corporation Signs Cooperative Development and License Agreement with Texas Instruments PR Newswire | September 12, 1997 | COPYRIGHT 1997 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) Copyright

CRANBURY, N.J., Sept. 12 /PRNewswire/ -- Ariel Corporation (Nasdaq: ADSP) today reported it has signed a five year cooperative development and licensing agreement with Texas Instruments (NYSE: TXN), ("TI"), the world's leading supplier of digital signal processing ("DSP") products. Under terms of this agreement, Ariel Corporation will participate in the development of products which incorporate Ariel's proprietary software into DSP products to be sold by TI.

Ariel will receive an initial fee for its non-recurring expense and also additional non-recurring ...

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