STMicroelectronics Acquires Atollic, an Embedded-Systems Company Engineering Integrated Development Environments for Arm®-co...
December 12 2017 - 4:02PM
- Acquisition extends
industry-leading STM32 microcontroller ecosystem with top-tier
Integrated Development Environment
- First consolidated offering
anticipated in the tool's next release
Geneva, Switzerland, December 12,
2017 - STMicroelectronics (NYSE: STM), a global semiconductor
leader serving customers across the spectrum of electronics
applications, today announced its acquisition of
software-development tools specialist Atollic. Atollic is the
supplier of TrueSTUDIO®, a professionally-recognized and highly
regarded Integrated Development Environment (IDE) for the embedded
development community focusing on Arm® Cortex®-M microcontrollers,
like ST's market-leading STM32 family of 32-bit microcontrollers
(MCUs).
A top supplier of 32-bit MCUs with a powerful
hardware and software ecosystem that accelerate and facilitate
application development, STMicroelectronics sees the addition of
TrueSTUDIO as further strengthening that offering. Created by an
established world-class team of dedicated software tools experts,
TrueSTUDIO is recognized as a leading open-source Eclipse-based IDE
platform and already supports the STM32 family of Cortex-M based
MCUs from ST. The acquisition will allow ST to guide the future
evolution of the rich and advanced features of TrueSTUDIO with the
STM32 ecosystem to a fully integrated software solution.
"The outstanding quality and
depth of the STM32 MCU portfolio and its easy-to-use development
ecosystem has positioned ST as a leader in embedded systems,"
said Michel Buffa, Microcontroller Division General Manager,
STMicroelectronics. "That position, and working
closely with Atollic for many years as a top Gold Partner, has
shown us the professional features and value TrueSTUDIO has
delivered to demanding developers and will soon give STM32
developers a major competitive advantage with the availability of
the STM32 TrueSTUDIO IDE for free."
"As a leading software
development tools vendor on the global market, I am delighted to
see our tool and highly skilled professional team joining
STMicroelectronics, a world leader in the 32-bit microcontroller
market," said Lars-Erik Stenkil, Atollic CEO.
ST has acquired Atollic for a cash payment of $7
million, funded with available cash, and a deferred earn-out
contingent on certain conditions, which ST currently estimates will
be about $1 million.
About
STMicroelectronics
ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics
at the heart of everyday life. ST's products are found everywhere
today, and together with our customers, we are enabling smarter
driving and smarter factories, cities and homes, along with the
next generation of mobile and Internet of Things devices.
By getting more from technology to get more from
life, ST stands for life.augmented.
In 2016, the Company's net revenues were $6.97
billion, serving more than 100,000 customers worldwide. Further
information can be found at www.st.com
For further information, please contact:
INVESTOR RELATIONS:
Tait
Sorensen
Group VP, Investor Relations
Tel: +1 602 485 2064
tait.sorensen@st.com
MEDIA RELATIONS:
Alexis
Breton
Director, PR & Media Operations
STMicroelectronics
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
12dec2017_ST acquires
Atollic
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Source: STMicroelectronics via Globenewswire
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