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

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STMicroelectronics : bdSound Joins STMicroelectronics' Partner Program to Accelerate Customer Time-to-Market

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09/14/2017 | 09:01am CEST

bdSound brings its field-proven audio expertise to ST’s products, technologies, and solutions.

Milano, Italy, September 14, 2017 --(PR.com)-- bdSound, a leading semi-custom solutions provider in the field of audio, speech, and communication, announces that it has joined the STMicroelectronics Partner Program to make its set of cutting-edge technologies, which include Acoustic Echo Canceller, Noise Reduction, multiple microphones interface, accessible to the ST ecosphere.

bdSound helps its clients to improve the audio quality of their products in several applications (IoT, automotive, intercom, pro-audio) using its top-grade algorithms and expertise to provide optimized HW/SW solutions tailored to specific customers’ needs. bdSound is also well suited to provide product optimization, testing and certification, and even full prototype development.

“bdSound solutions enrich ST’s products with IPs that enhance the quality of sound. These added-value competencies help customers solve complex audio issues in a cost-effective way while dramatically reducing time-to-market for the final product,” said Antonio Grosso, CEO of bdSound. “We also offer our skills to get to the production phase with a tested, efficient, and high-quality solution based on ST’s architectures. We joined the ST Partner Program because we believe that ST’s customers can benefit a lot working closely with bdSound.”

“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.”

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 program’s certification process assures that all partners are periodically vetted for quality and competence. For more information, please visit www.st.com/partners

About bdSound
bdSound is a leading provider of semi-custom Audio and Speech Processing solutions for multiple platforms and operating systems. We mainly operate in the telecommunications, professional audio, home and building automation, transportation, IoT and VoIP markets. bdSound’s field-proven technology, including Echo Cancellation, Noise Reduction and Audio Quality Enhancement, is used every day by a huge number of end users around the globe. bdSound is also a Member of the Xilinx Alliance Program. You can find more information at www.bdsound.com.

Contact Information:
bdSound
Maria Luisa Sacchi
+1-650-804-8806
Contact via Email
www.bdsound.com
Business Development manager – San Francisco Bay Area

Read the full story here: http://www.pr.com/press-release/729652

Press Release Distributed by PR.com

Copyright © 2017 PR.com and its licensors , source US Press Releases

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Financials ($)
Sales 2017 8 062 M
EBIT 2017 892 M
Net income 2017 722 M
Finance 2017 283 M
Yield 2017 1,23%
P/E ratio 2017 24,80
P/E ratio 2018 19,82
EV / Sales 2017 2,17x
EV / Sales 2018 1,95x
Capitalization 17 818 M
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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 18
Average target price 16,6 $
Spread / Average Target -15%
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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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