Microchip Technology acquires edge AI chip startup Hailo
Microchip plans to pair Hailo's AI accelerators with its own chips in a turnkey offering and use Hailo's software team for company-wide AI work.
Microchip Technology has acquired Hailo, the edge AI chip startup, and will market a turnkey solution that combines Hailo's AI accelerators with its own chips, according to ZDNet Korea.
Microchip said it plans to fold Hailo's AI architecture and software assets into its portfolio to build the combined offering. The company will position Hailo products within a total system solution strategy it calls "anchor".
Hailo's software development kit and model zoo, which supports more than 180 models, were cited as strengths of the deal. Microchip also intends to use Hailo's software team as a core resource for AI implementation across the company.
Earlier deals
Hailo is one of several AI chip startups acquired by larger companies in succession, alongside Havana Labs and Groq. Before the deal, Microchip's existing MPU division had been developing AI accelerator products.
Quick answers
Who acquired Hailo?
Microchip Technology acquired the edge AI chip startup Hailo.
What will Microchip offer with Hailo's technology?
A turnkey solution combining Hailo's AI accelerators with Microchip's own chips, as part of a total system solution strategy called "anchor".
What did Microchip cite as Hailo's strengths?
Hailo's software development kit and model zoo, which supports more than 180 models.