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Short Take: Sony invests in chip firm

TeraLogic, which designs semiconductors for digital TVs and consumer electronics devices, will announce that Sony and Citicorp are investing $15 million into the company. Although Citicorp has invested in the company in the past, Sony is a new investor, according to TeraLogic.

TeraLogic, which designs semiconductors for digital TVs and consumer electronics devices, will announce that Sony and Citicorp are investing $15 million into the company. Although Citicorp has invested in the company in the past, Sony is a new investor, according to TeraLogic.