BUSINESS OPERATIONS STMicroelectronics acquires Edge AI software specialist Cartesiam
Editor: Nicole Kareta
STMicroelectronics, a global semiconductor specialist 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.
With this acquisition, STMicroelectronics reinforces its AI strategy and strengthens its technology portfolio to address the full spectrum of embedded machine-learning needs.
(Source: ronstik - stock.adobe.com)
Cartesiam, based in Toulon (France), is a software company founded in 2016, which specializes in artificial intelligence (AI) development tools enabling machine-learning and inferencing on Arm-based microcontrollers, which today power billions of devices. Its team includes data scientists and embedded signal processing experts, with significant experience in delivering standard and custom solutions. Its flagship and patented solution, NanoEdge AI Studio, allows embedded systems designers without prior knowledge in AI to rapidly develop specialized libraries integrating machine-learning algorithms directly into a broad range of applications. Devices leveraging Cartesiam’s technology are already in production around the world included inside connected devices, household appliances, and industrial machines.
With this acquisition, STMicroelectronics reinforces its AI strategy and strengthens its technology portfolio to address the full spectrum of embedded machine-learning needs. The NanoEdge AI Studio solution is fully complementary to STMicroelectronics' STM32Cube.AI toolset and will provide STMicroelectronics' customers with additional flexibility to integrate machine-learning into their solution.
"Using artificial intelligence to create ever smarter solutions is one of the priorities of our customers regardless of their size or industry,” said Claude Dardanne, President, Microcontrollers and Digital ICs Group, at STMicroelectronics. “With STM32Cube.AI, STMicroelectronics already offers the ability to map and run pre-trained artificial neural networks on our broad portfolio of STM32 microcontrollers. The addition of Cartesiam’s machine learning technology to STMicroelectronics' existing solutions will provide the best edge-AI solution portfolio on the market for any customer looking to bring additional innovation to their offering."
The terms of the transaction were not disclosed.
Follow us on LinkedIn
Have you enjoyed reading this article? Then follow us on LinkedIn and stay up-to-date with daily posts about the latest developments on the industry, products and applications, tools and software as well as research and development.
It goes without saying that we treat your personal data responsibly. Where we collect personal data from you, we process the data in compliance with the relevant data protection regulations. More detailed information is available in our privacy policy.
Consent to the use of data for advertising purposes
I consent to the use of my email address to send editorial newsletters by Mesago Messe Frankfurt GmbH, Rotebühlstr. 83-85, 70178 Stuttgart, Germany including all of its affiliates within the meaning of Section 15 et seq. AktG (‘Mesago’). I have viewed lists of each group of affiliates here for the Mesago. The content of the newsletter covers the products and services of all of the companies listed above including, for example, trade magazines and specialist books, events and exhibitions and event-related products and services, printed and digital media products and services such as additional (editorial) newsletters, competitions, lead campaigns, online and offline market research, technical web portals and e-learning courses. If my personal telephone number has also been collected, it may be used to send offers for the aforementioned products and services from the above companies, as well as for market research purposes. If I wish to access protected content online on portals of Mesago including its affiliates within the meaning of Section 15 et seq. AktG, I must register with additional data in order to access that content. In return for this free access to editorial content, my data may be used in line with this declaration of consent for the purposes described herein.
Right to withdraw consent
I am aware that I can withdraw this consent at any time with future effect. My withdrawal of consent does not affect the lawfulness of processing performed based on my consent before its withdrawal. If I wish to withdraw my consent, I can send an email to Mesago at privacy@mesago.com. If I no longer wish to receive individual newsletters to which I have subscribed, I can also click on the unsubscribe link at the bottom of a newsletter. I can find more information on my right to withdraw, how to exercise this right and the consequences of my withdrawal in the Privacy policyEditorial newsletters section.