In a September 2024 note, ICRA had observed that the company was in breach of some financial covenants with its lenders and ...

MSME lender breached loan covenants on Rs 1,772 crore due to rising NPAs and losses, securing waivers for 38% of the debt ...

The Dutch chipmaker NXP Semiconductors N.V. has extended its spending spree by splurging $307 million on a deal to buy Kinara ...

This acquisition marks one of the largest deeptech mergers and acquisitions (M&As) from India, reinforcing the country’s growing prominence in the AI and semiconductor sectors.

The $307 million all-cash deal, expected to close in 2025, will enhance NXP’s AI platforms with Kinara’s NPUs and software.

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/105.BoQAct6R.js ...

We recently compiled a list of the Top 9 Trending AI News Updates Investors Should Not Miss. In this article, we are going to ...

Netherlands-based NXP Semiconductors has acquired AI chip startup Kinara in a $307 million all-cash agreement. NXP said the ...

NXP is to buy Kinara, the programmable discrete neural processing unit (NPU) specialist. These devices enable a wide range of ...

NXP Agrees to Acquire Edge AI Pioneer Kinara to Redefine the Intelligent Edge NXP Semiconductors has entered into a ...

Kinara, a developer of programmable discrete neural processing units (NPUs), is to be acquired by NXP Semiconductors.

NXP is to buy US edge AI chipmaker Kinara for $307 million. Kinara specialises in energy-efficient neural processing units ...