STMicroelectronics acquires Atollic

December 19, 2017 | 00:00
STMicroelectronics acquires Atollic. Image: STMicroelectronics.



 
STMicroelectronics acquires Atollic. Image: STMicroelectronics.



 
STMicroelectronics have acquired software-development tools specialist Atollic, the suppliers of TrueSTUDIO ®. TrueSTUDIO is the renowned IDE for the embedded development community focusing on Arm® Cortex® -M microcontrollers.

According to their press release, STMicroelectronics sees the addition of TrueSTUDIO as further strengthening their ARM-based MCU offering. TrueSTUDIO is generally recognized as a leading open-source Eclipse-based IDE platform and already supports the STM32 family of Cortex-M based MCUs. 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.
 
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