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STMicroelectronics makes acquisitions to further strengthen the wireless connectivity capabilities of STM32 microcontrollers
PR N°: C2963C
Acquisitions extend ST connectivity solutions offer to Narrow Band Cellular and
BeSpoon, based in Le
Riot Micro, based in
The terms of the transactions were not disclosed.
“At ST we work to offer our customers the products and solutions they need in order to address their opportunities and challenges. Cellular IoT and UWB technologies are key wireless connectivity solutions that will enable a next wave of IoT connected objects and innovative applications," said
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Any statements set forth above that are not historical facts are forward-looking statements, including any statements regarding our future results of operations and financial positions, business strategy, plans and objectives for future operations, involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These statements are only predictions, reflect our current beliefs and expectations with respect to future events, and are based on assumptions, subject to risk and uncertainties, and subject to change at any time. Potential risks and uncertainties include, but are not limited to, such factors as: the possibility that the transaction may not be consummated, including as a result of any of the conditions precedent; the risk that the expected benefits of the acquisition may not be realized; difficulties in retaining employees following the acquisition; difficulties in expanding facilities and transferring IP and know-how; diversion of our management’s attention from the management of our business; and the impact of competition and other risk factors relating to our industry and business as detailed from time to time in our filings with the
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Source: STMicroelectronics N.V.