STMicroelectronics Acquires Atollic, an Embedded-Systems Company Engineering Integrated Development Environments for Arm® -core-based Microcontrollers

  • 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 / 12 Dec 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



Contacts:

Tait Sorensen                                               
Group VP, Investor Relations
+1 602 485 2064
Email Contact

Alexis Breton
Director, PR & Media Operations
STMicroelectronics
+ 33 6 59 16 79 08
Email Contact

 

Featured Video
Latest Blog Posts
Sanjay GangalGISCafe Guest
by Sanjay Gangal
GISCafe Industry Predictions for 2025 – NV5
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
GeoBuiz Summit 2025 at Hyatt Regency Aurora-Denver Conference Center. Denver CO - Jan 13 - 15, 2025
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise