(AOF) – On the occasion of the presentation of the balance sheet of its activity for the year 2021, Kalray indicated that it had cash of 12.2 million euros as of December 31, 2021 against 20.2 million euros. , one year earlier. The line of financing signed with Kepler Cheuvreux was used in the amount of 10.6 million euros as of December 31, 2021. The cash flow is in line with the budget. The technology group recorded a turnover of 1.454 million euros, up 40.8%, in particular thanks to the first sales of its new products.
Kalray now wishes to accelerate its commercial deployment both in France and internationally. As such, Kalray has announced that it has entered into exclusive negotiations to acquire the English company Arcapix Holdings Ltd, a leading software publisher specializing in high-performance storage solutions for intensive computing applications.
With the proposed acquisition of Arcapix, the specialist in new generation processors now anticipates cumulative revenue of 20 million euros for the year 2022. The Company also confirms its ambition to reach 100 million euros of annual turnover in 2023
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Professional electronics: market under pressure
According to the WSTS (World Semiconductor Trade Statistics), the global semiconductor market is even expected to grow by 8.4% in 2021 for a market under extreme tension.
Excellent prospects
While demand is growing faster than global growth, supply is very limited. Three players dominate the sector (the Taiwanese TSMC, the American Intel and the Korean Samsung) whereas there were more than twenty in 2002. Analysts predict that there will be only two from 2023. The United States represent only 12% of world production according to the Semiconductor Industry Association. As for Europe, it weighs only 7%. It aims to produce 20% of semiconductors in the world by 2030. Sixteen countries, including France and Germany, will unite to develop production capacities.
TSMC (the Taiwan Semiconductor Manufacturing Company) is very well positioned to take advantage of the arrival of 5G and connected objects. “Founder”, it does not sell any chip under its brand, but produces the components on behalf of other players.