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4-Traders Homepage  >  Equities  >  Euronext Paris  >  STMicroelectronics    STM   NL0000226223

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STMicroelectronics : Anaren IoT Group Selected to Join STMicroelectronics` Elite ST Partner Program

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10/18/2017 | 11:55pm CEST

(GlobeNewswire) - Anaren IoT Group today announced that the company has been selected to join STMicroelectronics new ST Partner Program and that the companys industry leading platform, Atmosphere, is now available to STMicros large and growing developer community.

We are excited to have been selected by an industry leader to collaborate together in the growing IoT marketplace, says Jeff Liebl, President of Anaren IoT Group. Introducing Atmospheres drag-and-drop library of IoT building blocks to STMicos large developer community, coupled with the fact that the solution now supports STM microcontrollers and sensors, is truly exciting and beneficial for all parties concerned. We look forward to expanding our relationship with ST Micro as we move forward.

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications created the ST Partner Program to speed customer development efforts by identifying and highlighting to them companies with complementary products and services. Moreover, the programs certification process assures that all partners are periodically vetted for quality and competence. For more information, please visit www.st.com/partners.

The new ST Partner Program helps customers design teams access extra skills and resources to aid engineering development and shorten time-to-market for new products, said Alessandro Maloberti, Partner Ecosystem Director, STMicroelectronics. By selecting, qualifying, and certifying our program partners, we are taking yet another major step in helping customers accelerate design and development, and ship to market the most robust and efficient products and services.

Anaren has a proven record of accomplishment in delivering valuable automation tools and building blocks to wireless product developers. To date, Anaren has sold millions of wireless modules, and more than 30,000 wireless development kits. Through its cloud-based Atmosphere development environment, Anaren directly supports the efforts of thousands of registered online developers.

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ABOUT ANAREN IOT GROUP

Since its inception, Anarens IoT Group has enabled millions of wirelessly connected things, using Bluetooth, ZigBee, Wi-Fi, Cellular, LPWAN and proprietary RF technologies. Anaren IoT offers its Atmosphere IoT cloud software, integrated sensor-to-cloud solutions and related professional services to IoT developers and commercial customers. For more information, call 1-800-544-2414, email [email protected] or visit www.anaren.com/iot.

ABOUT ANAREN

In 2017, Anaren, Inc. celebrates 50 years of manufacturing and design excellence. The company designs, manufactures and sells custom high frequency solutions and standard components for wireless communications, space and defense electronics, wireless consumer electronics, and IoT markets. Additional information about Anaren can be found at www.anaren.com.About STMicroelectronics

ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. STs products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented. In 2016, the Companys net revenues were $6.97 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

Peter Nilsson

Performance Public Relations

858-880-5466

[email protected]

(c) 2017 LANA Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 8 061 M
EBIT 2017 892 M
Net income 2017 723 M
Finance 2017 330 M
Yield 2017 1,22%
P/E ratio 2017 25,01
P/E ratio 2018 19,95
EV / Sales 2017 2,19x
EV / Sales 2018 1,95x
Capitalization 18 010 M
Chart STMICROELECTRONICS
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STMicroelectronics Technical Analysis Chart | STM | NL0000226223 | 4-Traders
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 19
Average target price 16,2 $
Spread / Average Target -18%
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Managers
NameTitle
Carlo Bozotti President & Chief Executive Officer
Nicolas Dufourcq Chairman-Supervisory Board
Carlo Ferro CFO, EVP-Finance, Legal, Infrastructure & Services
Jean-Georges Malcor Member-Supervisory Board
Alessandro Rivera Member-Supervisory Board
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