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Product category: Communications ICs (Wireless)
News Release from: STMicroelectronics
Edited by the Electronicstalk Editorial Team on 28 January 2008
Acquisition expands digital TV IC share
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Genesis Microchip will enhance STMicroelectronics' technological capabilities for the transition to fully digital TV solutions and strengthen its product and IP portfolio.
STMicroelectronics has completed its acquisition of Genesis Microchip, which it reckons will expand its leadership in the US $1.5 billion digital TV market, one of the fastest growing segments in consumer semiconductors Genesis Microchip will enhance STMicroelectronics' technological capabilities for the transition to fully digital solutions in this segment and strengthen its product and intellectual-property portfolio