ST makes acquisitions to strengthen wireless connectivity capabilities

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STMicroelectronics has signed two agreements in which it has acquired Ultra Wide Band specialist BeSpoon and of the cellular IoT connectivity assets of Riot Micro.

BeSpoon, which is based in Le Bourget du Lac, France, is a fabless semiconductor company that specialises in Ultra Wide Band (UWB) communications technology, enabling secure real-time indoor location with centimetre accuracy in environments under adverse conditions.

According to ST, the integration of this key secure positioning technology in its STM32 product portfolio will enable developers of IoT, automotive and mobile communication applications to provide services such as secure access, and precise indoor & outdoor mapping. ST will acquire BeSpoon from its majority shareholder, TRUMPF, and from its founders.

In parallel with the transaction, ST and TRUMPF will enter into a strategic partnership for UWB tracking technology.

Riot Micro, based in Canada, designs cellular IoT solutions by applying proven design techniques from Bluetooth Low Energy (BLE) and Wi-Fi to LTE Cat-M and NB-IoT to optimise system cost and power. The integration of cellular communication capabilities into the STM32 portfolio will strengthen ST’s offer for customers developing applications such as asset tracking, metering, and fleet management services.

The terms of the transactions have not been disclosed.