GlobeNewswire·Sep 21, 2026, 9:00 AM ET

Microchip Technology Completes Acquisition of Hailo

Microchip Technology Incorporated completed its acquisition of Hailo, a provider of accelerated edge AI processors, vision processors, robotics processors & AI software technologies.
The transaction terms were not disclosed & is not expected to have a material impact on Microchip's financial results.
The acquisition advances Microchip's strategy to enable intelligent, connected systems at the edge while expanding its capabilities in Edge AI, machine vision, robotics & Physical AI applications.
Microchip will integrate Hailo's AI acceleration & vision technologies with its embedded systems portfolio to help customers move faster from prototype to production.
Hailo brings an established ecosystem including over 100 customers, a developer community exceeding 10,000 users, & broad engagement across open-source platforms.
Microchip plans to continue supporting Hailo's existing product portfolio, software environment, & customer engagements while driving future innovation.
Customers will gain expanded access to Microchip's worldwide sales organization, technical support resources, & broad portfolio of embedded solutions.
Orr Danon, founder & CEO of Hailo, stated that joining Microchip provides a powerful platform to accelerate innovation & help customers bring intelligent systems to market faster.
The combined portfolio will enable the development of intelligent edge systems ranging from low-power smart cameras to high-performance robotics & autonomous machines.