# STMicroelectronics acquires Toronto-based Deeplite

STMicroelectronics acquired Deeplite, a Canadian startup that develops software for running AI applications on chips. The deal terms were not disclosed.

- Type: Acquisition
- Announced: 2025-04-23
- Where: Toronto, Canada
- Status: completed
- Products: AI software for chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md) (acquirer)
- [Deeplite](https://endata.com/companies/84327.md) (target)

## Sources

- [thelogic.co](https://thelogic.co/briefing/swiss-tech-giant-stmicroelectronics-buys-torontos-deeplite/), 2025-04-23: "Swiss tech giant STMicroelectronics buys Toronto's Deeplite"

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