SME4DD: A comprehensive digital transformation journey for European businesses
At its core, the SME4DD initiative is about equipping businesses with the tools they need…
Wilfried Dron launched Wisebatt after completing his PhD at the EIT Digital Doctoral School in 2016. Last week, Wisebatt announced that it had been acquired by STMicroelectronics, a major French-Italian multinational manufacturer of electronics and semiconductors.
Through this acquisition, STMicroelectronics will use Wisebatt's expertise in system simulation and web development to strengthen its online design tools to streamline its customers' design cycle.
The startup was founded by Wilfried Dron and Marion Blatter, CEO and CPO of the company, respectively. For his PhD thesis, Wilfried Dron needed a tool that was able to provide information about the battery lifetime of a device before it was even designed. No such tool existed, so he decided to build it himself; during the EIT Digital Innovation and Entrepreneurship program, he mastered the necessary business skills to take his idea forward. Wisebatt was born.
The product later evolved into a unique simulation tool for developing IoT devices, which allows electronics engineers to build a digital twin of their product and test and optimize its design before launching a first prototype.
Wisebatt’s success story shows the unique value of EIT Digital on delivering disruptive technology and remarkable talent to European corporations.
"We are very happy to have joined a major player in the electronics industry and the European scene after 5 years of entrepreneurial adventure. This integration will allow us to accelerate our development. EIT Digital played a very important role in helping us to connect with European experts and in providing us useful resources right from the beginning," Wilfried Dron says.
Congratulations to the team on this amazing result!
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Co-Funded by the European Union