STMicroelectronics has announced that it has taken all necessary steps and has completed the acquisition of Genesis Microchip.
Genesis will be integrated into STMicroelectronics’ (ST) home entertainment & displays group. Elias Antoun, CEO of Genesis, has joined ST and will lead ST’s television and display initiatives, reporting to Philippe Lambinet, corporate vice president and general manager of ST’s home entertainment & displays group.
MR Lambinet said: Now that we have combined the two companies, ST will have the products, technology, IP and expertise to offer best-in-class integrated DTV solutions that our customers are increasingly demanding.