Presto Engineering Group Acquires Garfield Microelectronics Ltd, Creating Europe’s Most Comprehensive ASIC Design to Production One-Stop-Shop
27.11.2025 16:37:06 CET | GlobeNewswire by notified | Press release
MEYREUIL, France, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Presto Engineering Group, a global leader in ASIC supply and semiconductor services, today announced the acquisition of Garfield Microelectronics Ltd. (“GFMicro”), a UK-based innovative design house established in 1993. This strategic move represents a significant step forward in Presto Engineering’s vision to build the most trusted and future-ready ASIC design player in Europe.
“This acquisition is a clear commitment of Presto Engineering to the future of Europe’s semiconductor ecosystem. It reinforces our ambition to be the largest and most trusted pure-play ASIC leader in Europe, focused on the industrial, medical, communication, aerospace & defense, and smart mobility markets,” said Cédric Mayor, CEO of Presto Engineering. “The combination of GFMicro and Presto Engineering will bring customers the best of both design and manufacturing, accelerating their semiconductor innovation journey.”
The GFMicro brand will be retained as “GFMicro by Presto Engineering” and will continue operating from its Stroud and Bristol locations in the UK, leveraging its proven track record and talented team. Rod Oldfield, CEO of GFMicro, will assume the role of Vice President for Presto Engineering in the UK.
“With Presto’s backing, GFMicro can accelerate its growth, expand its capabilities, and deliver an unrivalled one-stop shop for customers. Together, we are creating powerful synergies that are defining semiconductor innovation and strengthening global supply chain resilience through combined, end-to-end solutions and expertise,” said Rod Oldfield, CEO of GFMicro Ltd.
This acquisition positions Presto Engineering as the go-to partner for OEMs seeking a simple, seamless, and accelerated path from ASIC design to manufacturing - reinforcing its semiconductor technology roadmap and global reach.
About Presto Engineering
Presto Engineering is a leading independent ASIC design and semiconductor device production provider. From initial design to tape-out and the delivery of finished goods, Presto helps original equipment manufacturers integrate innovations and minimize overhead, while reducing risk and accelerating time-to-market. Presto uniquely offers over 35-years of expertise in circuit design and industrialization for ultra-low power RF, high-touch analog mixed signal, and secured applications, including proprietary silicon IP platforms tailored to customers’ key product differentiation and competitive advantage. Presto is headquartered in Meyreuil, France, with operations and a dedicated supply chain across Europe, North America, and Asia. For more information, visit: https://www.presto-eng.com
About GFMicro
GFMicro (Garfield Microelectronics Ltd) is a UK-based company with over 30 years’ experience in digital and analogue ASIC development and silicon supply. Renowned for its innovation and technical expertise, GFMicro partners with top foundries to support and service a diverse range of industries, including industrial, Mil-aerospace and automotive.
Contact Information
Presto Engineering Company Contact:
Marion Loizurot
+33 7 79 94 49 21
marion.loizurot@presto-eng.com
Presto Engineering Media Contact:
Sandy Fewkes
+1 408 529 9685
SandyLFewkes@gmail.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c4d12a3-b225-4c82-8b04-bb5c7f392497
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin