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

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.

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

NXP Semiconductors has agreed to acquire Kinara, a US-based startup that develops neural processors (NPUs) for edge AI, in an ...

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

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

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

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

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

The US-headquartered startup has a development base in Hyderabad. It offers NPUs and comprehensive software enablement to ...

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