| \u00a0Ascendant Companies<\/b><\/span><\/td>\n | Descendent Companies<\/b><\/span><\/td>\n<\/tr>\n| Company<\/b><\/span><\/td>\n | Comments<\/b><\/span><\/td>\n | Company<\/b><\/span><\/td>\n | Comments<\/b><\/span><\/td>\n<\/tr>\n | SGS-Thomson Microelectronics<\/a><\/span><\/td>\n | SGS-Thomson Microelectronics changed its name to STMicroelectronics in May of 1998<\/span><\/td>\n | <\/td>\n | <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n | \u00a0Company Overview<\/h2>\nOn December 31, 1997, SGS-Thomson Microelectronics went public, renaming the company STMicroelectronics. The French and Italian governments sold 31% of the stock to the public. By 2002, STMicroelectronics government owned shared had decreased to 36%.<\/p>\n In 2002, ST had 40,000 employees, 12 research and development units, 32 design and application centers, 18 manufacturing sites and 74 sales offices in 27 countries.<\/p>\n Corporate Headquarters, as well as the headquarters for Europe and for Emerging Markets, were in Geneva, Switzerland. The Company’s U.S. Headquarters was in Carrollton (Dallas, Texas), formerly Mostek’s headquarters; those for Asia\/Pacific are based in Singapore; and Japanese operations were headquartered in Tokyo.<\/p>\n As of 2002 ST had 8-inch fabs in Rousset (France), Agrate Brianza (Italy), Crolles (France), Phoenix (Arizona), Singapore, and 2 in Catania (Italy). A 12-inch fab was in Crolles.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":" Company Pedigree \u00a0Ascendant Companies Descendent Companies Company Comments Company Comments SGS-Thomson Microelectronics SGS-Thomson Microelectronics changed its name to STMicroelectronics in May of 1998 \u00a0Company Overview On December 31, 1997, SGS-Thomson Microelectronics went public, renaming the company STMicroelectronics. The French and Italian governments sold 31% of the stock to the public. By 2002, STMicroelectronics government owned … <\/p>\n |