NXP acquires chip startup Kinara to accelerate Edge AI
- Ali Farahanchi
- Jan 3
- 1 min read
Kinara, developer of cutting-edge AI acceleration technology, based on high-performance, power-efficient discrete Neural Processing Units, is acquired by NXP (NASDAQ: NXPI), the global provider of semiconductor chips. With the acquisition of Kinara, NXP boosts its portfolio with high-performance discrete NPUs and establishes a scalable platform for AI-powered edge systems. In addition, according to the company, NXP will benefit from adopting Kinara’s AI engineers, who have extensive experience in ML hardware, software stacks and application integration. Camford Capital has been a proud supporter of the company since 2015. Read more about the acquisition news here.
