Syntiant Strengthens Edge AI Audio Capabilities with Strategic Acquisition
In a significant move to bolster its edge AI audio offerings, Syntiant has acquired Knowles Corporation’s Consumer MEMS Microphones business for a substantial $150 million in cash and stock. This strategic acquisition brings together Syntiant’s expertise in neural decision processors and deep learning models with Knowles’ industry-leading MEMS microphone technology.
Unlocking New Possibilities in Voice and Audio Applications
Knowles’ CMM division, a renowned manufacturer and supplier of high-performance SiSonic micro-electro-mechanical systems microphones, has been instrumental in enabling voice and audio applications in various market segments, including smartphones, smart speakers, wearables, autos, and household appliances. With this acquisition, Syntiant gains access to cutting-edge MEMS sensors that will enhance its existing hardware-software capabilities.
Simplifying Product Development and Accelerating Time-to-Market
The integration of advanced MEMS sensors into Syntiant’s edge AI solutions will provide customers with a comprehensive audio solution that streamlines product development, reduces time-to-market, and offers scalability, security, and customizability. This powerful combination will empower developers to create innovative products that leverage the full potential of edge AI audio capabilities.
Financial Highlights and Funding
Knowles’ CMM division generated an impressive revenue of approximately $256 million in 2023. The acquisition was made possible through a collaborative effort involving Khazanah Nasional Berhad, Boardman Bay Capital Management, and Structural Capital, which provided equity funding and debt financing, respectively.
A New Era in Edge AI Audio Innovation
With this acquisition, Syntiant is poised to revolutionize the edge AI audio landscape, offering customers a unique blend of advanced MEMS sensors, neural decision processors, and deep learning models. As the company continues to push the boundaries of innovation, it’s clear that the future of edge AI audio has never been brighter.
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