Today's story
Microchip Plans Acquire Hailo to Expand Edge AI
Microchip Technology has agreed to acquire Hailo to expand its edge AI and vision-processing capabilities, with completion expected by the end of the September quarter, bolstering its position in robotics and industrial automation. The deal follows notable insider selling of about $14.8 million over the past three months and a dip in Microchip’s stock after the announcement, reflecting market scrutiny of the transaction and valuations.
Tech · 7 sources · Jul 24, 2026Read itThe journal
Open the journal →The conversation starts in the journal — be the first to post.
About Microchip Technology
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontrollers, microprocessors, integrated circuits, and flash memory.
Everything about Microchip Technology →- Country
- United States
- Headquarters
- Chandler
- Inception
- 1989
- Website
- https://www.microchip.com/