# STMicroelectronics acquires Edge AI software specialist Cartesiam

STMicroelectronics has acquired the assets and IP portfolio of Cartesiam, a French software company specializing in AI development tools for microcontrollers, to strengthen its edge-AI strategy.

- Type: Acquisition
- Announced: 2021-05-19
- Where: Toulon, France
- Status: announced
- Products: AI development tools, NanoEdge AI Studio
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md) (acquirer)
- [Cartesiam](https://endata.com/companies/55264.md) (target)

## Sources

- [newsroom.st.com](https://newsroom.st.com/media-center/press-item.html/c3003.html), 2021-05-19: "STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced a transaction with Cartesiam to acquire its assets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.