Microchip Technology Acquires Neuronix AI Labs

April 15, 2024

Microchip Technology has acquired Neuronix AI Labs to integrate the company’s neural-network sparsity optimization technology into Microchip’s low-power PolarFire FPGAs and SoCs. The acquisition aims to boost power-efficient edge AI performance for computer-vision and other constrained-edge deployments, enabling higher AI/ML throughput with lower size, power and cost.

Buyers
Microchip Technology
Targets
Neuronix AI Labs
Location
Israel
Transaction Type
Buyout

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