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Kyro On The Block; ST Pulls Out Of Graphics

Steven Parker CEO - Neowin.net Neowin @aSteveParker · Feb 11, 2002 06:59 EST with -1 comments

Saw this one over @ MaxReboot, Will Kyro follow the sad demise of 3Dfx? Well don't ask me, read for yourself!

ST Microelectronics Inc. has decided to put its graphics operations up for sale, placing the future of the Kyro graphics accelerator in limbo.

The announcement comes after the troubled graphics accelerator, designed by PowerVR Technologies, itself a division of the U.K.'s Imagination Technologies PLC, missed several major milestones that company executives outlined in an exclusive interview last June.

"STMicroelectronics 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," the company said in a statement Friday.

Kyro sales were apparently disappointing; ST said the business only accounted for approximately $15 million of ST's $6.36 billion revenues in 2001.

News source: ExtremeTech