CHANDLER, A iz., July 24, 2026 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Mic ochip Tech ology I co po ated, a leadi g p ovide of sma t, co ected, a d secu e embedded co t ol solutio s, today a ou ced that it has sig ed a defi itive ag eeme t to acqui e Hailo, a p ovide of accele ated edge AI p ocesso s, adva ced visio p ocessi g solutio s, obotics p ocesso s a d comp ehe sive AI softwa e flows. The t a sactio is expected to close towa ds the e d of the cu e t qua te e di g Septembe 30, subject to customa y closi g co ditio s a d egulato y app ovals. The te ms of the t a sactio a e ot bei g disclosed a d the t a sactio is ot expected to have a mate ial impact o Mic ochip’s fi a cial esults.
The p oposed acquisitio is expected to expa d Mic ochip’s p ocessi g po tfolio fo i tellige t edge systems a d st e gthe its ability to delive accele ated, powe -efficie t edge AI solutio s fo obotics, adva ced visio p ocessi g a d i tellige t edge applicatio s, i cludi g d o es, obots, sma t came as, i dust ial automatio a d embedded AI systems.
Hailo has demo st ated tech ology leade ship ac oss both edge AI accele ato s a d visio systems o chip. Its p oducts spa f om high pe fo ma ce edge deployme ts o specialty edge se ve s with local Ge AI a d multimodal wo kloads dow to low-powe visio p ocessi g i side a small fo m facto , sta d-alo e came a. With Hailo-8, Hailo-10 a d Hailo-15, Mic ochip will gai a po tfolio that suppo ts classic compute visio , while addi g adva ced came a, ISP, DSP, video e codi g a d AI video st eam p ocessi g capabilities fo i tellige t edge systems.
The Hailo acquisitio b i gs multiple p oducts, mo e tha 100 cu e t custome s a d a established develope commu ity of mo e tha 10,000 use s. Its po tfolio spa s both edge AI accele ato s a d visio SoCs suppo ti g wo kloads a d capabilities i cludi g CNNs, t a sfo me s, LLM/VLM wo kloads, Image Sig al P ocessi g, DSP, H.264/H.265 e codi g a d AI video st eam p ocessi g.
“The acquisitio of Hailo accele ates Mic ochip’s expa sio i to high-pe fo ma ce edge AI p ocessi g,” said Ma k Reite , Se io Co po ate Vice P eside t. “Hailo’s AI accele atio , adva ced visio p ocessi g a d softwa e ecosystem di ectly compleme ts Mic ochip’s embedded p ocessi g, FPGA, co ectivity, secu ity, powe a d a alog po tfolio. Togethe , we ca help custome s build mo e capable i tellige t edge systems with the ight bala ce of pe fo ma ce, powe efficie cy, eliability a d system cost.”
The t a sactio would also b i g a dema d-ge e atio e gi e fo edge AI adoptio . Hailo’s Raspbe y Pi ecosystem, gated Develope Zo e, GitHub activity a d commu ity fo um c eate a self-sustai i g fu el that co ve ts develope e gageme t i to qualified oppo tu ities a d custome pipeli e.
“Joi i g Mic ochip would give Hailo the oppo tu ity to scale ou accele ated edge AI tech ology th ough a global embedded systems leade ,” said Hailo CEO O Da o . “Mic ochip’s custome each, cha el scale a d b oad tech ology po tfolio would c eate a st o g platfo m fo b i gi g adva ced visio p ocessi g a d AI accele atio to b oade a ge of i tellige t edge applicatio s.”
The ag eeme t builds o Mic ochip’s st ategy to e able powe -efficie t AI at the edge. Mic ochip p eviously expa ded its AI capabilities with the acquisitio of Neu o ix AI Labs, which added eu al etwo k optimizatio tech ology fo AI/ML wo kloads o FPGAs a d SoCs. This t a sactio adds dedicated edge AI p ocesso s, visio SoCs a d softwa e tools to Mic ochip’s po tfolio that b oade its ability to suppo t accele ated AI a d adva ced visio p ocessi g at the edge.
Ce tai stateme ts i this elease, i cludi g those elati g to the expected closi g date, expa di g Mic ochip’s p ocessi g po tfolio, that the acquisitio accele ates Mic ochip’s expa sio i to high-pe fo ma ce edge AI p ocessi g, a d othe stateme ts ega di g the expected be efits of the t a sactio a e fo wa d-looki g stateme ts made pu sua t to the safe ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. These stateme ts i volve isks a d u ce tai ties that could cause ou actual esults to diffe mate ially, i cludi g, but ot limited to: a y eco omic u ce tai ty due to mo eta y policy, geopolitical o othe issues i the U.S. o i te atio ally, a y u expected fluctuatio s o weak ess i the U.S. a d global eco omies; cha ges i dema d o ma ket accepta ce of ou p oducts (i cludi g Hailo p oducts) a d the p oducts of ou custome s; the mix of i ve to y we hold a d ou ability to satisfy sho t-te m o de s f om ou i ve to y; cha ges i utilizatio of ou ma ufactu i g capacity a d ou ability to effectively ma age ou p oductio levels; competitive developme ts i cludi g p ici g p essu es; the level of o de s that a e eceived a d ca be shipped i a qua te ; cha ges o fluctuatio s i custome o de patte s a d seaso ality; ou ability to successfully i teg ate the ope atio s a d employees, etai key employees a d custome s a d othe wise ealize the expected sy e gies a d be efits of the Hailo acquisitio ; ou ability to obtai a sufficie t supply of wafe s f om thi d pa ty wafe fou d ies a d the cost of such wafe s, the costs a d outcome of a y cu e t o futu e tax audit o a y litigatio i volvi g i tellectual p ope ty, custome s o othe issues; dis uptio s i ou busi ess o the busi esses of ou custome s o supplie s due to atu al disaste s, te o ist activity, a med co flict, wa , wo ldwide oil p ices a d supply, public health co ce s o dis uptio s i the t a spo tatio system; a d ge e al eco omic, i dust y o political co ditio s i the U ited States o i te atio ally. Fo a detailed discussio of these a d othe isk facto s, please efe to the SEC fili gs of Mic ochip i cludi g those o Fo ms 10-K, 10-Q a d 8-K.
You ca obtai copies of such fili gs a d othe eleva t docume ts fo f ee at Mic ochip’s website (www.mic ochip.com) o the SEC’s website (www.sec.gov) o f om comme cial docume t et ieval se vices.
Stockholde s a e cautio ed ot to place u due elia ce o the fo wa d-looki g stateme ts i this p ess elease, which speak o ly as of the date such stateme ts a e made. Mic ochip u de takes o obligatio to publicly update a y fo wa d-looki g stateme ts to eflect eve ts, ci cumsta ces o ew i fo matio afte the date of this p ess elease, o to eflect the occu e ce of u a ticipated eve ts.
Note: The Mic ochip ame a d logo a e egiste ed t adema ks of Mic ochip Tech ology I co po ated i the U.S.A. a d othe cou t ies. All othe t adema ks me tio ed he ei a e the p ope ty of thei espective compa ies.
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