NXP keeps buying with $307M deal for Kinara, edge AI NPUs
NXP Semiconductors announced its third acquisition in as many months as it unveiled this week a $307 million deal to acquire Kinara, Inc., a Santa Clara, California, developer of neural processing units (NPUs) technology for edge AI applications.This acquisition follows last month’s $625 million deal to acquire automotive software company TTTech Auto, and December’s $242.5 million purchase of in-vehicle connectivity enabler Aviva Links.NXP is absorbing these acquisitions and the new employees th...
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