NXP Semiconductors, the Netherlands-based technology company that manufactures and designs chips, this week announced that it has acquired Kinara, an innovative edge AI chipmaker, for $307 million. This strategic acquisition is poised to significantly advance NXP's capabilities in delivering complete and scalable AI platforms to its customers.
The deal, which is expected to close in the first half of this year, underscores both companies' commitment to fostering AI innovation that aligns with sustainable practices while addressing growing market demands for sophisticated AI solutions.
Founded in 2013, Kinara is a US-based programmable discrete neural processing unit (NPU) specialist. Kinara’s groundbreaking NPUs and software enablement platforms deliver energy-efficient AI performance across a range of neural networks. These technologies facilitate superior AI performance across various neural networks, including emerging generative models. NXP anticipates that this latest acquisition will bolster its AI portfolio by enhancing product offerings tailored toward sectors such as automotive, industrial applications, and smart devices.
NXP is a Dutch technology company specializing in secure connectivity solutions for embedded applications across industries worldwide. NXP's product portfolio includes application processors, microcontrollers, and analog devices, serving markets such as automotive, industrial, and Internet of Things (IoT). The Dutch firm continues leading efforts toward pioneering developments shaping future societies through semiconductor innovations.
Reviewed by Erwin Castro
on
February 12, 2025
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