Feeds

STMicro buys Alcatel chip biz

Gains big customer

  • alert
  • submit to reddit

STMicroelectronics is buying the semiconductor business of Alcatel, the lossmaking French networking equipment vendor, for EUR390m cash.

At the same time it becomes Alcatel's preferred chip supplier. Alcatel is strongest in DSL modems and it claims pole position as the world's biggest producer of DSL chipsets. It will continue to work on designing these, through a JV with STMicro.

Alcatel MicroElectronics is headquartered in Belgium and its turnover in 2001 was approx. EUR350m. But how much of this came from its parent company, and how much business Alcatel mere is committing STMicro's way, remains undisclosed. ®

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.