AMSTERDAM, Jan 7 (Reuters) - Healthcare technology

company Philips has sold its Xiver computer chip

subsidiary, the Telegraaf newspaper reported, citing Xiver's

CEO.

The business was sold to a consortium headed by Orange Mills

Ventures, the investment vehicle of Dutch businessman Cees

Meeuwis, the newspaper said.

Financial terms were not disclosed. Xiver was described as

being loss-making and having 100 employees.

Philips could not immediately be reached for comment.

The paper described Xiver as a maker of MEMS, or

micro-electromechanical systems, that combine mechanical and

electronic parts on a silicon chip.

The paper cited CEO John van Soerland, who retired as an

executive at Dutch tech firm VDL last year, as saying that Xiver

is a supplier to ASML and French defence company

Lynred.

Philips sold off most of its semiconductor-related

businesses, including ASML itself, years ago. Philips' former

chip businesses also include NXP and WingTech-owned

Nexperia. Philips now focuses on making healthcare

equipment.