STMicroelectronics Acquires Edge AI Software Specialist Cartesiam
STMicroelectronics announced a transaction with Cartesiam to acquire its assets (including its IP portfolio) and to transfer and integrate its employees. 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, which today power billions of devices.