Microchip Technology Completes Acquisition of Hailo for Undisclosed Amount
Deals·2 articles across 2 outlets·◆ Primary source
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Microchip Technology has successfully completed its acquisition of Hailo, a company specializing in edge AI technology. This strategic move is expected to enhance Microchip's offerings in the rapidly growing AI sector.
The acquisition aligns with Microchip's goal to expand its portfolio and leverage Hailo's innovative solutions. The financial details of the deal have not been disclosed.
Microchip TechnologyHailo
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Microchip Technology Completes Acquisition of Hailo”
SEC Filing — Microchip Technology Completes Acquisition of Hailo“Microchip (MCHP) Closes its Hailo Deal. Why the Chipmaker is Buying Edge AI on the Cheap”
Yahoo Finance — Microchip (MCHP) Closes its Hailo Deal. Why the Chipmaker is Buying Edge AI on the Cheap