ST Pulling out of PC Graphics (Again!)

Discussion in 'Beyond3D News' started by Dave Baumann, Feb 23, 2002.

  1. Dave Baumann

    Dave Baumann Gamerscore Wh...
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    ST have <a href=http://www.businesswire.com/cgi-bin/f_headline.cgi?day0/220382636&ticker=stm>sent out PR</a> saying they are to sell off their PC Graphics division:

    “GENEVA--(BUSINESS WIRE)--Feb. 8, 2002–-STMicroelectronics (NYSE:STM) has announced that it is withdrawing from the PC Graphics Accelerator IC market and is currently seeking a buyer for the related assets and activities of its PC Graphics business, which accounted for approximately $15 million of ST’s $6.36 billion revenues in 2001.â€￾

    Does this mean the end of the KYRO series of graphics chips? Well hopefully not seeing as they are selling the entire division, however that would depend on the buyer.

    Here’s Imagination Technologies initial response:

    “Imagination is aware of discussions taking place with interested parties and has been involved in supporting ST with these activities. In addition, a number of interested PC chip companies have approached Imagination regarding access to future PowerVR PC technologies.â€￾

    Is that just window dressing, or are there really other potential licensees out there who’ll carry on the work?

    Speculate as to the likely buyers in our forums.
     
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