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
- Industry
- AI & Machine Learning
- Location
- Israel
- Transaction Type
- Buyout
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