Micron Technology Acquires FWDNXT
October 24, 2019
Micron Technology acquired FWDNXT, a Purdue-affiliated AI hardware and software startup, to integrate its inference engine into Micron’s Deep Learning Accelerator (DLA) and create a comprehensive AI development platform. The acquisition brings together FWDNXT’s edge AI hardware/software capabilities with Micron’s memory expertise to accelerate development of memory-optimized AI workloads for IoT, edge computing, healthcare imaging and scientific research.
- Buyers
- Micron Technology, Inc.
- Targets
- FWDNXT
- Industry
- AI & Machine Learning
- Location
- Indiana, United States
- Transaction Type
- Buyout
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