Acquisition Opens Up a New Chapter for Arduino

Massimo Banzi, David Cuartielles, David Mellis and Tom Igoe, co-founders of Arduino, have announced that their company, BCMI, has acquired 100% ownership of Arduino AG — the corporation which owns all of the Arduino trademarks.

This news comes nearly a year after Banzi and Federico Musto announced the settlement between both divisions, Arduino LLC (.cc) and Arduino srl (.org), at World Maker Faire New York.

With the acquisition, Banzi will now become the Chairman and CTO of Arduino, while Dr. Fabio Violante will be appointed as the new CEO.

“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.” — 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.” — Dr. Violante