Virtium Acquires Embedded Artists AB
December 10, 2024
Virtium, a PE-backed industrial memory and storage solutions provider, has acquired Embedded Artists AB, a Sweden-based developer of system-on-module (SOM), AI accelerator and connectivity modules for Edge AI and industrial applications. The deal expands Virtium's compute, edge AI, connectivity and software capabilities and supports global manufacturing scale via Virtium's U.S. and Vietnam facilities.
- Buyers
- Virtium
- Targets
- Embedded Artists AB
- Platforms
- Virtium
- Industry
- Manufacturing
- Location
- Skåne County, Sweden
- Transaction Type
- Addon
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