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To: BillyG who wrote (37920)	12/22/1998 6:51:00 PM
From: BillyG	Read Replies (1) \| Respond to of 50808

ST buying CMOS sensor supplier semibiznews.com GENEVA--ST Microelectronics today announced an agreement to acquire Vision Group PLC, a supplier of CMOS image sensors based in Edinburgh, Scotland. Under the terms of the agreement, ST will offer £0.62 ($1.04) per share totaling £23.3 million ($39.1 million). Vision Group's products are used in desktop video conferencing, digital still cameras, security, biometrics, automotive, toys and have various industrial applications. The company has 85 employees. "The acquisition of a leading technology in CMOS Imaging Sensors will strengthen ST Microelectronics' leadership in system-on-chip in several key applications such as computer peripherals, digital video and automotive," said Philippe Geyres, corporate vice president of ST Microelectronics. "Being linked to a broad range supplier such as ST Microelectronics will allow Vision Group to develop its fast-growing imaging business around its existing team," he promised. ST said analysts have predicted that the market for CMOS imaging chips will pass the $500 million dollar mark in five years.