SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Microchip completes acquisition of Hailo edge AI processor provider

Microchip Technology said it completed its acquisition of Hailo, a provider of accelerated edge AI processors, advancing its strategy for intelligent, connected systems at the edge.

MCHP

On Monday, Microchip Technology Incorporated (MCHP), a semiconductor supplier, said it completed its acquisition of Hailo, a provider of accelerated edge AI processors. Microchip said the deal advances its strategy to enable intelligent, connected systems at the edge.