STMicroelectronics Enhances Integration of Home Digital Network and Smart Grid

Across multiple electronic applications, STMicroelectronics (ST; New York Stock Exchange: STM), the world's leading semiconductor supplier, completed the acquisition of Arkados and completed the transfer of semiconductor assets and intellectual property (IP). The acquisition will further enhance ST's technical strength in power line communications (PLC).

Arkados is the leader in the new industry-standard HomePlug field and is dedicated to accelerating the development and market introduction of converged digital home networks. STMicroelectronics has been working closely with Arkados since late 2008 to develop the most advanced HomePlug broadband power line communications solution based on broadband. The main advantage of the power line communication technology home network is that it can establish a high-speed home network directly through the home's existing power outlets and power line infrastructure, eliminating the need for additional lines.

STMicroelectronics is a leader in the smart meter chip market, allowing consumers to monitor power usage in unprecedented ways. In addition, STMicroelectronics is at the forefront of smart grid power line communication technology. ST's narrow-band power line communication platform has been gradually adopted by major global smart meter infrastructure projects. The newly acquired broadband IP will make ST’s power line communication product line more complete and continue to lead the future development of the broadband power line communication market, for example, home multimedia networks, smart energy applications and electric vehicle to grid communication technologies, which are collectively referred to as households. Digital Network and Smart Grid Integration Technology.

Carmelo Papa, Senior Vice President of STMicroelectronics' Industrial and Multi-Product Division, said: “We are committed to the most innovative technology and application development, allowing consumers to access information and entertainment anywhere and anytime while minimizing Power consumption, STMicroelectronics continues to increase its leadership in energy management and energy-saving applications. In terms of size, simplicity, flexibility and expandability, we believe that Arkados has more technology in HomePlug than other solutions on the market. Many advantages.Combining ST's technology with Arkados' expertise in broadband power communication technology will help power line communication (as the backbone of home networks and smart grid networks)."