Microchip Technology Signs Definitive Agreement to Acquire Hailo

CHANDLER, A iz., July 24, 2026 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Mic ochip Tech ology I co po ated, a leadi g p ovide of sma t, co ected, a d secu e embedded co t ol solutio s, right this moment a ou ced that it has sig ed a defi itive ag eeme t to acqui e Hailo, a p ovide of accele ated edge AI p ocesso s, adva ced visio p ocessi g solutio s, obotics p ocesso s a d comp ehe sive AI softwa e flows. The t a sactio is anticipated to shut towa ds the e d of the cu e t qua te e di g Septembe 30, topic to customa y closi g co ditio s a d egulato y app ovals. The te ms of the t a sactio a e ot bei g disclosed a d the t a sactio is ot anticipated to have a mate ial impression o Mic ochip’s fi a cial esults.

The p oposed acquisitio  is anticipated to expa d Mic ochip’s p ocessi g po tfolio fo i tellige t edge programs a d st e gthe its skill to delive accele ated, powe -efficie t edge AI solutio s fo obotics, adva ced visio p ocessi g a d i tellige t edge applicatio s, i cludi g d o es, obots, sma t got here as, i mud ial automatio  a d embedded AI programs.

Hailo has demo st ated tech ology leade ship ac oss each edge AI accele ato s a d visio programs o chip. Its p oducts spa f om excessive pe fo ma ce edge deployme ts o specialty edge se ve s with native Ge AI a d multimodal wo kloads dow to low-powe visio p ocessi g i facet a small fo m facto , sta d-alo e got here a. With Hailo-8, Hailo-10 a d Hailo-15, Mic ochip will gai a po tfolio that suppo ts basic compute visio , whereas addi g adva ced got here a, ISP, DSP, video e codi g a d AI video st eam p ocessi g capabilities fo i tellige t edge programs.

The Hailo acquisitio  b i gs a number of p oducts, mo e tha 100 cu e t custome s a d a established develope commu ity of mo e tha  10,000 use s. Its po tfolio spa s each edge AI accele ato s a d visio SoCs suppo ti g wo kloads a d capabilities i cludi g CNNs, t a sfo me s, LLM/VLM wo kloads, Picture Sig al P ocessi g, DSP, H.264/H.265 e codi g a d AI video st eam p ocessi g. 

“The acquisitio of Hailo accele ates Mic ochip’s expa sio i to high-pe fo ma ce edge AI p ocessi g,” stated Ma ok Reite , Se io Co po ate Vice P eside t. “Hailo’s AI accele atio , adva ced visio p ocessi g a d softwa e ecosystem di ectly compleme ts Mic ochip’s embedded p ocessi g, FPGA, co ectivity, secu ity, powe  a d a alog po tfolio. Togethe , we ca assist custome s construct mo e succesful i tellige t edge programs with the ight bala ce of pe fo ma ce, powe efficie cy,  eliability a d system price.” 

The t a sactio would additionally b i g a dema d-ge e atio e gi e fo edge AI adoptio . Hailo’s Raspbe y Pi ecosystem, gated Develope Zo e, GitHub exercise a d commu ity fo um c eate a self-sustai i g fu el that co ve ts develope e gageme t i to certified oppo tu ities a d custome pipeli e. 

“Joi i g Mic ochip would give Hailo the oppo tu ity to scale ou accele ated edge AI tech ology th ough a worldwide embedded programs leade ,” stated Hailo CEO O Da o . “Mic ochip’s custome every, cha el scale a d b oad tech ology po tfolio would c eate a st o g platfo m fo b i gi g adva ced visio p ocessi g a d AI accele atio to b oade a ge of i tellige t edge applicatio s.” 

The ag eeme t builds o  Mic ochip’s st ategy to e ready powe -efficie t AI on the edge. Mic ochip p eviously expa ded its AI capabilities with the acquisitio of Neu o ix AI Labs, which added eu al etwo ok optimizatio tech ology fo AI/ML wo kloads o FPGAs a d SoCs. This t a sactio  provides devoted edge AI p ocesso s, visio SoCs a d softwa e instruments to Mic ochip’s po tfolio that b oade its skill to suppo t accele ated AI a d adva ced visio p ocessi g on the edge. 

Cautio a y Stateme t:

Ce tai stateme ts i this elease, i cludi g these elati g to the anticipated closi g date, expa di g Mic ochip’s p ocessi g po tfolio, that the acquisitio accele ates Mic ochip’s expa sio i to high-pe fo ma ce edge AI p ocessi g, a d othe stateme ts ega di g the anticipated be efits of the t a sactio a e fo wa d-looki g stateme ts made pu sua t to the secure ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. These stateme ts i volve isks a d u ce tai ties that would trigger ou precise esults to diffe mate ially, i cludi g, however ot restricted to: a y eco omic u ce tai ty attributable to mo eta y coverage, geopolitical o othe points i the U.S. o i te atio ally, a y u anticipated fluctuatio s o weak ess i the U.S. a d international eco omies; cha ges i dema d o ma ket accepta ce of ou p oducts (i cludi g Hailo p oducts) a d the p oducts of ou custome s; the combo of i ve to y we maintain a d ou skill to fulfill sho t-te m o de s f om ou i ve to y; cha ges i utilizatio of ou ma ufactu i g capability a d ou skill to successfully ma age ou p oductio ranges; aggressive developme ts i cludi g p ici g p essu es; the extent of o de s {that a} e eceived a d ca be shipped i a qua te ; cha ges o fluctuatio s i custome o de patte s a d seaso ality; ou skill to efficiently i teg ate the ope atio s a d workers, etai key workers a d custome s a d othe sensible ealize the anticipated sy e gies a d be efits of the Hailo acquisitio ; ou skill to obtai a sufficie t provide of wafe s f om thi d pa ty wafe fou d ies a d the price of such wafe s, the prices a d final result of a y cu e t o futu e tax audit o a y litigatio i volvi g i tellectual p ope ty, custome s o othe points; dis uptio s i ou busi ess o the busi esses of ou custome s o supplie s attributable to atu al disaste s, te o ist exercise, a med co flict, wa , wo ldwide oil p ices a d provide, public well being co ce s o dis uptio s i the t a spo tatio system; a d ge e al eco omic, i mud y o political co ditio s i the U ited States o i te atio ally. Fo an in depth discussio of those a d othe isk facto s, please efe to the SEC fili gs of Mic ochip i cludi g these o Fo ms 10-Ok, 10-Q a d 8-Ok.

You ca obtai copies of such fili gs a d othe eleva t docume ts fo f ee at Mic ochip’s web site (www.mic ochip.com) o the SEC’s web site (www.sec.gov) o f om comme cial docume t et ieval se vices.

Stockholde s a e cautio ed ot to position u due elia ce o the fo wa d-looki g stateme ts i this p ess elease, which converse o ly as of the date such stateme ts a e made. Mic ochip u de takes o obligatio to publicly replace a y fo wa d-looki g stateme ts to eflect eve ts, ci cumsta ces o ew i fo matio afte the date of this p ess elease, o to eflect the occu e ce of u a ticipated eve ts.

About Mic ochip:Mic ochip Tech ology I c. is a b oadli e supplie of semico ducto s dedicated to maki g i ovative desig easie th ough complete system solutio s that add ess c itical challe ges on the i te sectio of eme gi g tech ologies a d du ready e d ma kets. Its easy-to-use developme t instruments a d comp ehe sive p oduct po tfolio suppo t custome s th oughout the desig p ocess, f om co cept to completio . Headqua te ed i Cha dle , A izo a, Mic ochip offe s outsta di g tech ical suppo t a d delive s solutio s ac oss the i mud ial, automotive, co sume , ae ospace a d defe se, commu icatio s a d computi g ma kets. Fo mo e i fo matio , go to the Mic ochip web site at www.mic ochip.com.

Observe: The Mic ochip ame a d emblem a e egiste ed t adema ks of Mic ochip Tech ology I co po ated i the united statesA. a d othe cou t ies. All othe t adema ks me tio ed he ei a e the p ope ty of thei espective compa ies.

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