Genesis Microchip history

In the following year in 1997, Genesis continued its record of innovation by introducing the gmZ1 Advanced Image Magnification chip, offering crisper graphics and video on flat-panel displays.

In 1998, Genesis introduced two new ICs, the gmZ2 and gmZ3, which were improved low cost alternatives to the industry-leading gmZ1 integrated circuit for producing high-quality graphics and video.

1999 Genesis makes a $1.1 million minority investment in Techwell Inc.

In January 2000, Genesis introduced another new chip, the gmZAN1 LCD, a cost-effective, feature-loaded integrated circuit for LCD monitors.

By the end of fiscal 2001, Genesis's 19 percent revenue growth reflected its ability to continue expanding and solidifying its leadership in the flat-panel monitor market and other high-growth markets of digital television.

2002 The company is incorporated in the United States and acquires the assets of VM Labs Inc. for $14.2 million in cash.

The company's sliding revenues and stock price, however, did not stop it from signing a March 2003 deal to acquire rival Pixelworks for about $584 million in stock.

By the beginning of 2004, the company seemed to be putting its difficulties behind it and trying to position itself to take advantage of the rapidly growing market for LCDs in desktop personal computers and televisions.