Renesas Electronics Acquires Reality Analytics (Reality AI)
June 8, 2022
Renesas Electronics Corporation has acquired Reality Analytics, Inc. (Reality AI) in an all-cash transaction to bolster its endpoint AI capabilities. The acquisition brings Reality AI’s embedded AI, TinyML and signal-processing tools and team in Columbia, Maryland into Renesas to accelerate AIoT solutions for IIoT, automotive and consumer applications.
- Buyers
- Renesas Electronics Corporation
- Targets
- Reality Analytics, Inc. (Reality AI)
- Industry
- AI & Machine Learning
- Location
- Maryland, United States
- Transaction Type
- Buyout
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