Arduino sells, the Italian company gives in to Qualcomm’s offer: the details of the agreement

A basic kit from less than 100 euros. An electronic board, a microcontroller and then power cables, supports, resistors, LEDs, motors and audio chips. Arduino has become one of the more interesting objects for technology enthusiasts. A card that allows you to learn to program starting from simple patterns. An Italian project, born in 2005which after collecting 54 million dollars between 2022 and 2023 has now decided to sell to giant Qualcomm.

At the moment we are not talking about numbers. It’s a detail that hasn’t been revealed. In fact, however, it is one exit. As explained by the Sole 24 ore the CEO Fabio Violante the Arduino team, approx 185 employees in 2023should remain in Italy. For i 33 million users who use Arduino shouldn’t change much. In addition to the products on the market there will be new projects dedicated toartificial intelligence. The first, launched with the announcement of the acquisition is Arduino Uno Qbased on a platform from the series Qualcomm Deagonwing.

Always according to and words of Violante at Sole 24 Ore the areas of development of Arduino should remain the same: “The three areas will remain education, then the consumer area enabled by our boards which easily allow the creation of even advanced products and finally the industry area”. Massimo Banzione of the co-founders, will accompany Arduino’s transition and then leave the company.

Qualcomm, the chip giant among the 100 largest companies in the world

Qualcomm is a company based in San Diego, California. Founded in 1985, it basically deals with chips and semiconductors. According to the portal Companies Market Cup its market capitalization is 179 billion dollars. It is among the 100 companies with the highest capitalization, more than Big Tech like Xiaomi and Sony but very far from Nvidia. Now arrived at 4,500 billion dollars thanks to processors dedicated to artificial intelligence.