Edition: U.S. / Global

COMPANY NEWS; Schlumberger In Joint Venture

Published: August 30, 1989

Schlumberger Ltd., a large industrial concern, and the Nippon Telegraph and Telephone Corporation of Japan announced they were forming a company to develop advanced testing for integrated circuits. Schlumberger said that under the terms of the agreement, the concern, called Verisys, would develop, manufacture and market the testing systems worldwide.

Schlumberger said the company would be based in Japan and would enable N.T.T. to use its technology in the world electronics industry.