CHANDLER, Ariz., July 24, 2026 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) — Mic ochip Technology, a leading company in smart, composite, ad-secu e embedded co-solutions, today announced that it has signed a definitive agreement to acquire Hailo, one of the company’s accelerated edge AI processes, advanced visio-pocessi g solutions, obotics-pocesso and comprehensive AI software flows. The operation is expected to close towards the date of September 30, subject to the usual closing conditions and ovals. The content of the task is not disclosed and the task is not expected to have a material impact on Mic ochip’s financial results.
The proposed acquisition is expected to expand Mic ochip’s potential for tellel t systems and enhance its ability to deliver accelerated, high-performance AI solutions for obotics, advanced vision processes for count t applications, i cludi gdo es, obots, smart came as, i dust automation and embedded AI systems.
Hailo has demonstrated a leading technology ship with both edge AI acceleration and sad visio systems or chip. The products range from high-pe fo ma ce edge deployments, specialized edge services with local Ge AI and multimodal workloads, to low-power visio p ocessi gi side a small, standard came one. With Hailo-8, Hailo-10 and Hailo-15, Mic ochip will offer a portfolio that supports classic computer vision, while adding advanced ISP, DSP, video ecodig and AI video steam processor capabilities for i ttel edge systems.
The acquisition of Hailo includes multiple products, resulting in over 100 users developing a community of over 10,000 users. The po tfolio spas both provide AI acceleration to visio SoCs that support workloads advertising capabilities, including CNNs, ta sfo mes, LLM/VLM workloads, Image Sig al P ocessi g, DSP, H.264/H.265 and codi gad AI video steam ocessi g.
“The acquisition of Hailo accelerates Mic ochip’s expansion into high-end AI processes,” said Ma k Reite, Se io Co poate Vice P eside t. “Hailo’s AI acceleration, advanced visiopocessi gad softwa e ecosystem directly complements Mic ochip’s embedded p ocessi g, FPGA, co ectivity, security, power ada alog potfolio. Together we can help customers build more capable i tell t edge systems with the right balance of pe fo mace, power efficiency, reliability and advertising system costs.”
The practice would also place great demands on the adoption of AI. Hailo’s Raspbe y Pi ecosystem, gated Develope Zo e, GitHub activity, and community forum create a self-sustaining fuel that yearns to focus on qualified opportunities and customized pipelines.
“Joi ig Mic ochip would give Hailo the opportunity to scale our accelerated AI technology through a global leader in embedded systems,” said Hailo CEO O Dao. “Mic OChip’s custom, chael-scale ADB OAD technology potential would provide a robust platform for major advanced visibility and AI acceleration to deliver a number of iT Edge applications.”
The era builds on Microchip’s strategy to power AI at the edge. Mic ochip has significantly expanded its AI capabilities with the acquisition of Neu o ix AI Labs, which added eu al ettwo k optimization technology for AI/ML workloads from FPGAs and SoCs. This task adds dedicated edge AI processes, Visio SoCs and software tools to Mic ochip’s portfolio, providing the ability to support accelerated AI advanced Visio processes at the edge.
This statement, and with those excited about the expected closing date, expands Mic ochip’s potential, that the acquisition accelerates Mic ochip’s expansion into a high-end AI process, and other statements, such as the expected benefits of the new process d-looki g statements made under the safe ha bo povisios of the P ivate Secu ities Litigatio Refom Act of 1995. These statements relate to the consequences that could cause our actual results to differ, including, but not limited to: ay eco omic u ce ta ty due to money policies, geopolitical issues in the US, expected or unforeseeable fluctuations that are so weak in the US and global economies; Challenges I want to achieve are the acceptance of our products (i cludi g Hailo products) and our customers’ products; the mix of I-ve-to-y that we have and our ability to conform to the shot-te mode of ou-ive to y; challenges in utilizing our production capacity and ability to effectively manage our production levels; competitive developments and GP issues; the level of messages that are received and can be sent ia qua te; changes in the fluctuations of the habit or the pattern of the sad seasonality; our ability to successfully identify the operation of sad employees, key employees and habits to otherwise realize the expected sy egy and consequences of the Hailo acquisition; the ability to obtain a sufficient supply of waffles from such waffles and the cost of such waffles, the costs and outcome of any future tax audits or litigation and the intellectual property, customs and other issues; disruption of our operations in our customers’ operations, due to real disasters, teoist activities, medical conflict, war, global oil prices and oil price supply, public health, disrupting the taste spot system; And when it comes to the economy, I discuss the political situation of the United States as an ally. For a detailed discussion of these and other facts, please refer to Mic ochip’s SEC filings citing documents 10-K, 10-Q and 8-K.
You can obtain copies of such files and other elevated documents from Mic ochip’s website (www.mic ochip.com) o the SEC’s website (www.sec.gov) of commercial documents for services.
Stockholde has taken care to include the following statements in this statement, which relate only to the date such statements were made. You may be required to update public statements to affect events, circumstances occurring after the date of this publication, or to affect the occurrence of certain events.
Note: The Mic ochip logo is an example of Mic ochip Tech ology’s Ademaks that I have located in the US and other countries. All other damaks that came with it were the honors of their respective companies.
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