logo
Plus   Neg
Share
Email

STMicroelectronics Acquires Draupner Graphics For Undisclosed Terms

STMicroelectronics (STM) Tuesday said it acquired Draupner Graphics, software specialist and developer of TouchGFX. The financial terms of the deal were not revealed.

Several of the STM32 product lines already support TouchGFX and they have been working together for the last five years.

The acquisition of Draupner Graphics is expected to help TouchGFX and STM32 roadmaps to offer embedded developers and their customers more advanced features, "raising the bar of human-machine interfaces across all of the devices that people interact with every day."

STM delivers intelligent and energy-efficient products and solutions globally to power the electronics at the heart of everyday life.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Nike Inc. (NKE), the world's largest athletic shoes and apparel maker, Tuesday reported a first-quarter profit that increased from a year ago and trumped Wall Street estimates, driven largely by more-than-expected revenues and strong margins. Beaverton, Oregon-based Nike's first-quarter profit rose... German auto giant BMW (BMW.L, BAMXF.PK, BAMXY.PK) Tuesday lowered its earnings and revenue guidance for the full year 2018, hurt largely by emissions-related costs, product recalls and ongoing global trade war. Automotive segment revenues are now expected to be slightly lower than the previous year.... Walt Disney World is introducing a new ticket pricing system in order to better distribute attendance at its theme parks throughout the year. The company plans to begin pricing tickets for its theme parks based on dates so as to reflect the expected demand on specific days. Disney said Monday that beginning October 16, guests will be able to access its new online vacation-booking portal.
Follow RTT