-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IeLLCStVLec4XM+oVpwDWypeJNGtKkZfF7D9sh56z2eztKFszBXpfqxvT8Wza8gK lTxSPd6XgyKmB52LiOnDaQ== 0000947871-03-000747.txt : 20030327 0000947871-03-000747.hdr.sgml : 20030327 20030327080857 ACCESSION NUMBER: 0000947871-03-000747 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030327 FILED AS OF DATE: 20030327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STMICROELECTRONICS NV CENTRAL INDEX KEY: 0000932787 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13546 FILM NUMBER: 03619358 BUSINESS ADDRESS: STREET 1: ROUTE DE PRE BOIS 20 CASE POSTALE STREET 2: 1898 1215 GENEVA CITY: GENEVA STATE: V8 ZIP: 15 BUSINESS PHONE: 3350402640 MAIL ADDRESS: STREET 1: TECHNOPARC DU PAYS DE GEX BP 112 STREET 2: 165 RUE EDOUARD BRANLEY CITY: ST GENIX POUIL STATE: I0 ZIP: 01630 FORMER COMPANY: FORMER CONFORMED NAME: SGS THOMSON MICROELECTRONICS NV DATE OF NAME CHANGE: 19950310 6-K 1 f6k_032603.txt REPORT OF FOREIGN PRIVATE ISSUER SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 Report on Form 6-K dated March 27, 2003 STMicroelectronics N.V. ----------------------------------------------- (Translation of registrant's name into English) 39, Chemin du Champ-des-Filles, 1228 Plan-les-Ouates, Geneva, Switzerland ---------------------------------------------------------- (Address of principal executive offices) [Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F] Form 20-F X Form 40-F --- --- [Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):] Yes No X --- --- [Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934] Yes No X --- --- [If "Yes" is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b): 82-______] Enclosures: A press release dated March 26, 2003 announcing STMicroelectronics N.V.'s acquisition of Proton World International, a smart card software company. [STMicroelectronics Logo] [GRAPHICS OMITTED] PRESS RELEASE COMMUNIQUE DE PRESSE COMUNICATO STAMPA PRESSEINFORMATION PR No. C1305M STMicroelectronics Announces Acquisition in Smart Card Arena ST increases its system know-how for smart cards with the acquisition of e-purse pioneer and multi-application smart card developer Proton World International Geneva, March 25, 2003 - STMicroelectronics (NYSE: STM), the world's second largest supplier of smart card chips, today announced the acquisition of Proton World International (PWI), a leading smart card software company that specializes in high-security, payment and identification smart card systems and has developed an extensive network throughout the financial services and banking sectors. The acquisition will significantly increase ST's smart card system know-how, particularly in the key banking and financial fields. The addition of this software expertise will fully complement ST's leading-edge smart card chip technology and is in line with the Company's highly successful and long-standing System-on-Chip approach. Based in Belgium, PWI has approximately 90 employees and develops smart card system software (card OS, middleware and application software), especially for e-purse, EMV (Europay/Mastercard/Visa) debit/credit cards, PKI (Public Key Infrastructure) security, and data management applications. This software, together with PWI's well-recognized capabilities in specification and certification, is an essential ingredient in a wide range of current and potential smart card applications and having this expertise in-house will significantly strengthen ST's presence and offering in these markets. "This acquisition is a response to growing customer demand, especially in emerging markets, for comprehensive systems solutions. In addition, banking and other financial applications have particularly challenging demands for security and interoperability, making a systems approach increasingly necessary," said Maurizio Felici, Group Vice-President and General Manager of ST's Smart Card Division. "We are delighted that we are gaining world-class engineers due to this acquisition. As a world leader and pioneer in smart card systems and software for e-payment applications, the know- how of PWI will not only significantly extend our ability to meet the most demanding requirements today, but will also allow us to propose to our customers even more innovative solutions in the future." 1 "Proton World and ST already share a history of successful business relationships, so we are confident that as a result of this acquisition, ST will rapidly be able to offer the smart card industry many more exciting new opportunities. Our customers will appreciate the advantages it brings to them when their regular smart card technology supplier becomes part of a global multi-national company: not only does it guarantee full continuation of ongoing and planned customer projects based on the Proton technologies, but it opens perspectives for all parties to remain at the forefront of technical developments in the field of multi-application smart cards," said Armand Linkens, CEO of Proton World International. The transaction between ST and ERG Group includes a cash consideration of (euro)37 million for the purchase of PWI, plus a business-related consideration for up to 10 years, and is expected to close in the second quarter of 2003. Additionally, ST and ERG Group, an Australian-based company and leader in transit and transport applications and current owner of PWI, will enter into a long-term business relationship through a technology license agreement and will work together in the deployment of PWI's technology in transit applications worldwide. "In addition to ST's reinforced presence in the financial and banking segments brought by the acquisition of PWI, the strong relationship we are building with ERG Group through this transaction will provide opportunities for ST to further develop its presence in transit smart card applications with a partner that is well recognized in this field," added Maurizio Felici. About STMicroelectronics STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2002, the Company's net revenues were $6.32 billion and net earnings were $429.4 million. Further information on ST can be found at www.st.com. For further information please contact: Media Relations Investor Relations Maria Grazia Prestini Benoit de Leusse Director, Corporate Media Relations Investor Relations Manager, Europe STMicroelectronics STMicroelectronics Tel: +41.22.929.6945 Tel: +33.4.50.40.24.30 Lorie Lichtlen / Nelly Dimey Nicole Curtin / Jean-Benoit Roquette Financial Dynamics Financial Dynamics Paris Tel: +33.1.47.03.68.10 Paris Tel: +33.1.47.03.68.10 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, STMicroelectronics N.V. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: March 27, 2003 STMicroelectronics N.V. By: /s/ Pasquale Pistorio ---------------------------------- Name: Pasquale Pistorio Title: President and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----