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NXP agrees to acquire Kinara for USD 307 million to expand edge AI capabilities
NXP Semiconductors N.V. (NXP) has signed a definitive agreement to acquire Kinara, Inc., which specializes in high performance, energy-efficient, and programmable discrete neural processing units (NPUs). Valued at USD 307 million, the all-cash transaction is expected to close in H1/2025, subject to customary closing ....
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