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| Articles about Microchip |
| | STMicroelectronics To Acquire Genesis Microchip | | 2007-12-11 04:13:00 | | Acquisition strengthens STMicroelectronics' position as a semiconductor technology leader in the consumer electronics marketSTMicroelectronics (NYSE:STM) and Genesis Microchip Inc. (NASDAQ:GNSS) announced today that they have entered into a definitive agreement for STMicroelectronics to acquire Genesis Microchip. The acquisition confirms STMicroelectronics as a leading System-on-Chip (SoC) technology provider to the rapidly growing digital television and display markets.Under the terms of the agreement, STMicroelectronics will commence a cash tender offer to purchase all of the outstanding shares of Genesis Microchip Inc. for $8.65 per share, net to the holder in cash, implying a total equity value of approximately $336 million. Following completion of the tender offer, STMicroelectronics will complete a second-step merger in which any remaining common shares of Genesis Microchip Inc. will be converted into the right to receive the same per share price paid in the tender offer. The o | | By: Brand Mantra | | |
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| All Employees Must Have Microchip Implants? | | 2007-05-20 20:01:00 | | Congress is moving quickly to put into motion measures that will ensure airport employees are subjected to stricter security checks. Everyone from Restaurant employees to airline mechanics could soon be forced to provide biometric finger and iris scans and may even face the possibility of being implanted with a microchip.Currently all airport employees must pass a police and FBI background check, however this may soon be upgraded to include credit checks, routine searches of bags and property and the use of biometric readers with the possibility of microchip implants on the tableThe measures are still under Congressional discussion.Such biometric readers are becoming commonplace in many places of work, yet the use of microchip implants is yet to become widespread.There are however some workers who have been forced to take the chip.Government workers in Mexico are being forced to take the chip or lose their job. Staff of Mexico's attorney general had to take the chip in order to access | | By: Full Time Income From Home | | |
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