Red Hat Acquires Neural Magic

January 15, 2025

Red Hat has completed its acquisition of Neural Magic, a developer of software and algorithms that accelerate generative AI inference workloads. Neural Magic's model optimization and inference performance engineering capabilities will be integrated into Red Hat AI to improve cost-effective, high-performing AI deployments across hybrid cloud environments.

Buyers
Red Hat
Targets
Neural Magic
Location
Massachusetts, United States
Transaction Type
Buyout

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