Acquisition NFC related intellectual property rights, technology, products and business, strengthening the connection of stmicroelectronics in embedded NFC safety technical strength, to provide customers in the field of micro controller has been acquisition integration technology of new product samples, the next generation of mobile devices and the Internet of things all sorts of applications, such as hardware purchase RFID reader help strengthen the stmicroelectronics block in the NFC/RFID EEPROM label competitive advantage in the field of application
Set network news, on August 2, 2016 - STMicroelectronics (STMicroelectronics, referred to as "ST; the New York stock exchange code: STM) announced acquisition of ams (SIX: ams) NFC and RFID reader related assets. Stmicroelectronics acquisition of intellectual property, technology, products and business with existing mobile equipment, wearable products, financial applications, identification, industrial automation, automobile, and networking hardware solution to form highly complementary advantages, about 50 ams technical expert with the deal to stmicroelectronics.
The safety of the acquisition of assets combined with stmicroelectronics microcontroller to stmicroelectronics has brought great opportunities for development, make its have the best technology, products and research and development ability, at the same level services cover all NFC and RFID market, expanding the scope of the customer base.
Stmicroelectronics executive vice President and managing director Claude microcontrollers and digital IC products division Dardanne said: "security NFC connection is emerge in the next few years a large number of new mobile devices and hardware must possess the important function of the Internet of things. The acquisition based on our strong security microcontroller technology, gives the stmicroelectronics next-generation high integration solutions all the required safety NFC technology, better able to meet all kinds of mobile devices and networking hardware market demand, at the same time we welcome a ability strong team joined stmicroelectronics, create value for our customers."
Stmicroelectronics are already beginning to offer customers the first based on the NFC controller samples were acquired assets, and integrated the NFC controller and ST security unit of high performance and high integration of the system level packaging solutions.
Stmicroelectronics ams acquisitions of consideration is (I) $77.8 million in cash (cash available financing), (ii) as the future financial results may be deferred for extra price (also called bet protocol), stmicroelectronics currently estimated cost about $13 million, but no more than $37 million.
