From Philips to NXP to ST-NXP to STE to ST. Looks like things are back to square one, first they align complementing IPs by integrating companies and now reversing this direction by splitting them up. Only NXP seems to have gained here, guys at the private equity are smart for sure!
Saw this coming! Apart from those who transferred back to ST, how many will lose jobs?
For the App processor acquisition, its a good move by ST. Hope they can utilise their existing channels to sell more processors than what STE did.