STMicroelectronics Acquires Atollic, an Embedded-Systems Company Engineering Integrated Development Environments for Arm®-co...
December 12 2017 - 4:03PM
- 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
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