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
Location
Indiana, United States
Transaction Type
Buyout

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