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STMicroelectronics acquires Edge AI software specialist Cartesiam

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, today announced a transaction with Cartesiam to acquire its assets (including its IP portfolio) and to transfer and integrate its employees. Closing is subject to regulatory approvals. Cartesiam, based in Toulon (France), is a software company founded in 2016, which specializes in artificial intelligence (AI) development tools …

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Acquisition Ushers in New Era for Arduino

Massimo Banzi, David Cuartielles, David Mellis and Tom Igoe, co-founders of Arduino, announced today that their company BCMI has acquired Arduino AG. Massimo Banzi steps into a role as the company’s chairman and CTO, with Fabio Violante as the new CEO. Federico Musto, the former CEO of Arduino AG, will be pursuing other opportunities. From the release: “This is the …

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