QuickLogic Acquires SensiML Corporation
January 4, 2019
QuickLogic Corporation has acquired SensiML Corporation, a SaaS edge/endpoint AI software provider; terms were not disclosed and the deal was funded in QuickLogic common stock. SensiML will operate as a division of QuickLogic and continue developing its platform-independent Analytics Toolkit to support a broad set of SoCs, adding SaaS revenue and edge-AI capabilities to QuickLogic's semiconductor and eFPGA offerings.
- Buyers
- QuickLogic Corporation
- Targets
- SensiML Corporation
- Industry
- AI & Machine Learning
- Location
- Oregon, United States
- Transaction Type
- Buyout
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