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TRUMPF and STMicroelectronics partner on UWB positioning technology · Endata

◂ Announcements

Jul 16, 2020PARTNERSHIP

TRUMPF and STMicroelectronics partner on UWB positioning technology

TRUMPF and STMicroelectronics formed a strategic partnership in UWB positioning technology. STMicroelectronics will acquire TRUMPF's majority stake in BeSpoon, while TRUMPF will focus on its Track&Trace indoor positioning system.

Status

Announced

ProductsUWB positioning technologyindoor localization systems

CompaniesTrumpf partner STMicroelectronics partner BeSpoon target

Sectors#Automation and Robotics #Semiconductors and Industrial Electronics

“The high-tech company TRUMPF and the semiconductor manufacturer STMicroelectronics have concluded a strategic partnership in the field of UWB positioning technology.”trumpf.com

1 source
trumpf.comTRUMPF and STMicroelectronics agree strategic partnership for UWB positioning technology | TRUMPFJul 16, 2020

Summarized from public sources; check the original articles before acting on it.

More from Trumpf

Jul 16, 2020ACQUISITION
STMicroelectronics acquires BeSpoon and Riot Micro assets
Trumpf partner STMicroelectronics acquirer globenewswire.com newsroom.st.com
Aug 14, 2019INVESTMENTBozhurishte, Bulgaria$2.80M20 jobsops Sep 2019
Multivac Bulgaria invests EUR 2.5M in new metalworking machines
Multivac Bulgaria Production Multivac partner capital.bg
Jun 12, 2018EXPANSIONFarmington, Connecticut, United States$3.00M
TRUMPF expands training center in Farmington, Connecticut
Trumpf trumpf.com
May 17, 2018NEW FACILITYYangzhou, Jiangsu, China$117.0Mops 17 May 2018
Jinfangyuan opens EUR 100M laser cutting machine plant in Yangzhou, China
Jiangsu Jinfangyuan CNC Machine Tool Trumpf partner jsnews.jschina.com.cn
May 15, 2018INVESTMENTTaicang, China$9.60M
Trumpf invests €8 million in Trumpf China operations in Taicang
Trumpf laserfocusworld.com
May 15, 2018NEW FACILITYYangzhou, China$14.4Mops 15 May 2018
Trumpf opens €12 million production facility for JFY in Yangzhou
Trumpf JFY partner laserfocusworld.com

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