STMicroelectronics Acquires Power Amplifier and RF Front-End-Module Specialist SOMOS Semiconductor

Rhea-AI Summary

STMicroelectronics has announced the acquisition of SOMOS Semiconductor, a fabless company specializing in silicon-based power amplifiers and RF Front-End Modules for cellular IoT and 5G markets. This acquisition, aimed at enhancing ST's connectivity solutions, is expected to strengthen its capabilities in the RF Front-End Module sector. A new product, an NB-IoT/CAT-M1 module, is already in qualification, signaling a robust roadmap ahead. The financial terms of the acquisition were not disclosed.

Positive

• Acquisition enhances ST's capacity in RF Front-End Modules for IoT and 5G markets.
• New product development (NB-IoT / CAT-M1 module) indicates strong product roadmap.
• Strengthened expertise and intellectual property from SOMOS aids in advancing connectivity solutions.

Negative

• None.

PR N° C2971C

STMicroelectronics Acquires Power Amplifier and
RF Front-End-Module Specialist SOMOS Semiconductor

• Fabless semiconductor company specializes in silicon-based power amplifiers and RF Front-End Module products for the cellular IoT and 5G markets
• ST further strengthens its capacity to develop and offer stand-alone and STM32-based connectivity solutions

Geneva, October 15, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced the acquisition and integration of the assets of SOMOS Semiconductor (“SOMOS”). SOMOS, based in Marly-le-Roy (France), is a fabless semiconductor company founded in 2018, and specialized in silicon-based power amplifiers and in RF Front-End Modules (FEM) products.

With this acquisition, ST reinforces its specialist staff, IP and roadmaps of Front-End Modules for the IoT and 5G markets. A first product – an NB-IoT / CAT-M1 module – is already undergoing qualification and will be the inception of a new roadmap of connectivity RF FEM products. SOMOS technology and assets will also support the development of ST’s existing roadmap of RF Front-End Modules for the 5G infrastructure market.

“Consumers and Industry expect more and better connectivity solutions. At ST we are committed to offering and enabling solutions to address these needs and challenges. Cellular IoT and 5G infrastructure technologies are key in that perspective. With this acquisition, we reinforce our ambition to play a major role in RF FEM for a buoyant connectivity IoT market and we strengthen our roadmap of RF Front-End for the 5G markets,” said Claude Dardanne, President, Microcontrollers and Digital ICs Group, at STMicroelectronics. “With the recent acquisition of BeSpoon for UWB technology and Riot Micro for NB-IoT modems, ST now offers its customers complete connectivity solutions leveraging the market-leading STM32 solutions and ecosystem.”

The terms of the transaction were not disclosed.

About STMicroelectronics

At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with our 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.

For further information, please contact:


INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel: +41.22.929.58.12
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com

Attachment

• C2971C -- ST acquires SOMOS - FINAL FOR PUBLICATION

FAQ

What are the details of STM's acquisition of SOMOS Semiconductor?

STMicroelectronics acquired SOMOS Semiconductor to enhance its capabilities in RF Front-End Modules for IoT and 5G markets.

How will the acquisition of SOMOS impact STM's product offerings?

The acquisition is expected to strengthen ST's roadmap for RF Front-End Module products, including the development of an NB-IoT / CAT-M1 module.

What is the strategic importance of SOMOS Semiconductor for STM?

SOMOS Semiconductor specializes in silicon-based power amplifiers and RF Front-End Modules, enhancing ST's offer in connectivity solutions for the IoT and 5G sectors.

Were the financial terms of STM's acquisition of SOMOS disclosed?

No, the financial terms of the acquisition were not disclosed.

What is the future outlook for STM after acquiring SOMOS?

The acquisition is expected to reinforce STM's market position in connectivity solutions and bolster its product development for the growing IoT and 5G markets.