(the remaining 24% had been held by Inmos founders and employees). Later it was raised to £192 million, approved August 1984 and finalized in September. In total, Inmos had received £211 million from the government, but did not become profitable. According to Iann Barron Inmos was profitable in 1984 "we were really profitable in 1984 ... we made revenues of £150 million, and we made a profit which was slightly less than £10 million". In April 1989, Inmos was sold to SGS-Thomson (now STMicroelectronics). Around the same time, work was started on an enhanced transputer, the T9000. This encountered various technical problems and delays, and was eventually abandoned, signalling the end of the development of the transputer as a parallel processing platform. However, transputer derivatives such as the ST20 were later incorporated into chipsets for embedded applications such as set-top boxes. In December 1994, Inmos was fully assimilated into STMicroelectronics, and the usage of the Inmos brand name was discontinued. Notes References Arthur Trew and Greg Wilson (eds.) (1991). Past, Present, Parallel: A Survey of Available Parallel Computing Systems. New York: Springer-Verlag. Mick McClean and Tom Rowland (1986). The Inmos Saga. Quorum Books. External links Inmos and the transputer: part 1 and part 2 — a 1998 talk given by Iann Barron to the Computer Conservation Society of the British Computer Society Inmos ex-employee website Dick Selwood (August 2007). "The Inmos legacy". Components in Electronics. Parsys SN9500 based on 32 x T9000 running at 20 MHz (text and pictures) Computer companies of the United Kingdom Defunct computer hardware companies Defunct semiconductor companies Computer companies established in 1978 Defunct technological companies of the United Kingdom Computer companies disestablished in 1989 Defunct companies based in Colorado 1978 establishments in England 1989 disestablishments in England