Which type of device may be used to interface a parallel data format with external equipment’s serial format?

Which type of device may be used to interface a parallel data format with external equipment’s serial format? Correct Answer UART

UART means Universal Asynchronous Receiver/Transmitter which converts the bytes it receives from the computer along parallel circuits into a single serial bit stream for outbound transmission. And also receives data in serial form and converts it into parallel form and sent to the processor.

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The devices that convert serial to parallel and parallel to serial are called?