Infineon Technologies announced on May 16 the acquisition of Sweden-based startup Imagimob AB, a platform provider for machine learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class ML solution and significantly complements its AI offerings. Infineon is acquiring 100% of the company s shares. Both parties have agreed not to disclose the amount of the transaction.
Munich, Germany and Stockholm, Sweden – 16 May 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced that Infineon has acquired the Stockholm-based startup Imagimob AB, a leading platform provider for Machine Learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class Machine Learning (ML) solution…
Infineon acquires Tiny Machine Learning leader Imagimob to strengthen its offering in embedded AI solutions May 16, 2023| Business & Financial Press . | May 16, 2023