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A serial multiplier suitable for VLSI implementation is discussed. The multiplier accepts binary operands supplied in a serial fashion, least significant bits first. The multiplier uses a canonical cell which allows calculation of a 2k length product with only k identical cells. These cells utilize the carry-save addition technique to provide a delay which exhibits only a first-order dependence on the number of bits in the product. The internal logic for generating the inputs to the carry-save adders is given. This cell directly accepts the bit-serial inputs and generates a bit-serial output. Longer binary operands can be multiplied by simply cascading identical cells without change to existing cells. A given multiplier can process shorter operands in correspondingly shorter times. Applicability of this technique to VLSI implementation of the basic multiply/add operation useful in signal processing algorithms is described.