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The terms of the transaction were not disclosed.
May 24, 2021
By: Anthony Locicero
Copy editor, New York Post
STMicroelectronics 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 enabling machine-learning and inferencing on Arm-based microcontrollers. Its team includes data scientists and embedded signal processing ...
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