Serbian entrepreneur — and current company owner and CEO — Nebojša Matić started publishing an electronics magazine called “MikroElektronika” in 1997.[5] In 2001, the magazine was shut down and MikroElektronika repositioned itself as a company focused on producing development boards for microcontrollers and publishing books for developing embedded systems.

The company started offering compilers in 2004, with the release of mikroPascal for PIC and mikroBasic for PIC — compilers for programming 8-bit microcontrollers from Microchip Technology. Between 2004 and 2015 the company released C, Basic and Pascal compilers for seven microcontroller architectures: PIC, PIC32, dsPIC/PIC24, FT90x, AVR, 8051, and ARM® (supporting STMicroelectronics, Texas Instruments and Microchip-based ARM® Cortex microcontrollers).