Renesas Completes Acquisition of Irida Labs to Expand Vision AI Embedded Software

May 7, 2026

Renesas Electronics completed the acquisition of Irida Labs, a Greece-based embedded software company focused on AI-powered visual perception systems. The deal strengthens Renesas’ edge AI embedded processing offerings and enables system-level vision solutions, integrating Irida Labs’ PerCV.ai software and tools into Renesas’ new Renesas 365 development platform.

Targets
Irida Labs
Location
Greece
Transaction Type
Buyout

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