Microchip Technology Completes Acquisition of Hailo for Undisclosed Amount
Deals·2 articles across 2 outlets·◆ Primary source
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Microchip Technology has successfully completed its acquisition of Hailo, a company specializing in edge AI solutions. This strategic move is aimed at enhancing Microchip's offerings in the rapidly growing AI market.
The acquisition is expected to bolster Microchip's capabilities in edge computing, allowing the company to better serve its customers with advanced AI technologies. The financial details of the deal have not been disclosed.
Microchip TechnologyHailo
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“Microchip Technology Completes Acquisition of Hailo”
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