This acquisition marks one of the largest deeptech mergers and acquisitions (M&As) from India, reinforcing the country’s growing prominence in the AI and semiconductor sectors.
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Netherlands-based NXP Semiconductors has acquired AI chip startup Kinara in a $307 million all-cash agreement. NXP said the ...
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The $307 million all-cash deal, expected to close in 2025, will enhance NXP’s AI platforms with Kinara’s NPUs and software.
The Netherlands chipmaker NXP Semiconductors N.V. has entered into an agreement to acquire Kinara Inc., a maker of programmable discrete neural processing units and software. Under the $307 million ...
NXP Semiconductors (NASDAQ:NXPI) was in focus on Wednesday as Morgan Stanley upgraded the analog semiconductor company, citing the belief that cyclical and company specific tailwinds are "aligning." ...
Summary NXP Semiconductors is acquiring AI chip startup Kinara for $307 million, boosting its edge AI capabilities. The deal enhances real-time AI processing, improves energy efficiency, and ...