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STMicro buys flat-screen chip firm

Arithmos technology to be written into range of devices

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STMicroelectronics is to acquire flat-screen chip supplier Arithmos for $43m (£27m). Arithmos has developed "unique" digital technology, according to STMicro, which the company plans to write into integrated chips for a whole range of different screens from PC monitors to digital mobile phones. STMicro will control all rights to the technology within a month and plans to incorporate it in its products shortly after. Vice president Philippe Geyres said the deal would open up new business opportunities for the company from LCDs to digital TV, car systems, remote terminals and electronic books. CEO of Arithmos Dennis Sabo said the acquisition was "great news for display manufacturers". ®

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