Nordic Semiconductor, a provider of Bluetooth and wi-fi IoT chips, has introduced the acquisition of Atlazo, a San Diego, California-based startup specializing in always-on AI processors, sensor interface design, and vitality administration for tiny edge units. Nordic will purchase Atlazo’s IP portfolio and the core crew comprising eight engineers.
Atlazo, based in 2016, has been focusing on its on-device AI processor expertise on the quickly rising marketplace for true wi-fi stereo (TWS) earbuds, listening to aids, wearables, and well being monitoring units. The corporate claims that its AI/ML expertise permits a processor to function on the lowest potential vitality level for a given job.
Nordic plans to leverage this hyper-low-power AI/ML processor expertise in its future wi-fi system-on-chips (SoCs). Furthermore, by integrating Atlazo’s sensor applied sciences for well being functions, Nordic can consolidate its chip designs for wearables and lengthen its attain to good well being units serving optical coronary heart monitoring and steady glucose monitoring.
Nordic CEO Svenn-Tore Larsen calls this deal strategically important regardless of being a small bolt-on acquisition. “We anticipate that we’ll start to see the preliminary advantages of this acquisition inside 12-18 months of closing the transaction.”
Apart from the IP portfolio and engineering crew, the deal consists of sure different belongings, together with Atlazo’s workplace in San Diego, which can turn out to be Nordic’s third R&D web site in the US. The transaction, depending on regulatory approval, is predicted to be accomplished by the top of 2023.
Associated Content material
- Getting a Grasp on AI on the Edge
- Edge Intelligence Ticks Many Packing containers for AI
- Including Low-Energy AI/ML Inference to Edge Gadgets
- Prime 10 Processors for AI Acceleration on the Endpoint
- Nordic Set to Purchase U.S. Startup Atlazo for AI {Hardware} IP
<!–
VIDEO AD
–>
<!–
div-gpt-ad-inread
–>
googletag.cmd.push(perform() { googletag.show(‘div-gpt-ad-inread’); });
googletag.cmd.push(perform() { googletag.show(‘div-gpt-ad-native’); });
–>
The publish An RF chipmaker’s quest to experience the AI bandwagon appeared first on EDN.
