Virtium Acquires Embedded Artists AB

December 10, 2024

Virtium, a PE-backed industrial memory and storage solutions provider, has acquired Embedded Artists AB, a Sweden-based developer of system-on-module (SOM), AI accelerator and connectivity modules for Edge AI and industrial applications. The deal expands Virtium's compute, edge AI, connectivity and software capabilities and supports global manufacturing scale via Virtium's U.S. and Vietnam facilities.

Buyers
Virtium
Targets
Embedded Artists AB
Platforms
Virtium
Industry
Manufacturing
Location
Skåne County, Sweden
Transaction Type
Addon

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