User:Bernard fitch/sandbox

VLSI Vision Ltd
VLSI Vision Ltd (VVL) was a semiconductor company based in Edinburgh, Scotland. A start-up company founded in 1990 by Peter Denyer and David Renshaw of Edinburgh University, VLSI Vision Limited became the spin-out from a Scottish University to be listed on the London Stock Exchange (as Vision Group PLC). By 1995 competition started from other new companies based in the US and far east. To address the emerging market and cope with the competition, VVL sought to expand its operation and as a consequence was taken over in 1998 by STMicroelectronics, to form a new Imaging Division of that company, to address the newly emerging mass market in mobile phone cameras.

In 1990, with University and Venture Capital backing, Denyer and Renshaw set up VLSI Vision (VVL) a University Spin out company, to sell the single chip video camera device and develop a family of novel imaging devices based on this technology. This company grew from one employee to over 100 in the five years to 1995, when it became the first spin out company from a Scottish University to become a PLC, placed on the London Stock Exchange. VVL started the market in CMOS image sensors and gained a Queen's Award to Industry.

By 1995 competition started from other new companies based in the US and far east. To address the emerging market and cope with the competition, VVL sought to expand its operation and as a consequence was taken over in 1998 by STMicroelectronics, to form a new Imaging Division of that company, to address the newly emerging mass market in mobile phone cameras.