BCMI, the company founded by Massimo Banzi, David Cuartielles, David Mellis and Tom Igoe, co-founders of Arduino, announces that today it has acquired 100% ownership of Arduino AG, the corporation which owns all of the Arduino trademarks.
Following the acquisition, Mr. Massimo Banzi becomes the new Chairman and CTO of Arduino. Dr. Fabio Violante will be appointed as the new CEO, replacing Mr. Federico Musto who will pursue other opportunities outside Arduino AG.
“This is the beginning of a new era for Arduino in which we will strengthen and renew our commitment to open source hardware and software, while in parallel setting the company on a sound financial course of sustainable growth. Our vision remains to continue to enable anybody to innovate with electronics for a long time to come,” said Mr Banzi.
“I’m really excited and honoured to join Massimo, the co-founders and the amazing Arduino team as CEO. In the past two years we have worked very hard to get to this point. We envision a future in which Arduino will apply its winning recipe to democratize the Internet of Things for individuals, educators, professionals and businesses,” said Dr. Violante.
Round brings total funding to $15 million from U.S., European and Israeli investors to support…
Quantum Machines achieves 99.5% median two-qubit gate fidelity when operating Rigetti Computing’s Novera™ superconducting QPU…
Unframe, the managed AI delivery platform for global enterprises, today announced it has crossed $100…
Recognition for "Best Outcomes in Automotive/Transportation Manufacturing" underscores UVeye's position at the forefront of responsible…
Priority Software, a global provider of AI-based cloud ERP and business management solutions today announced…
The first red-team agent that brings together Mythos grade models and a novel whitebox adversarial…