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Korean conglomerate SK leads $600M round for Chinese chipmaker Horizon Robotics

sudshr47 February 27, 2019

Horizon Robotics, a three-year-old Chinese startup backed by Intel Capital, just raised a mega-round of fundings from domestic and overseas backers as it competes for global supremacy in developing AI solutions and chips aimed at autonomous vehicles, smart retail stores, surveillance equipment and other devices for everyday scenarios. The Beijing-based company announced Wednesday in a […]

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Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition

sudshr47 September 11, 2018

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP […]

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Arm acquires data management service Treasure Data to bolster its IoT platform

sudshr47 August 2, 2018

Arm, the semiconductor firm you probably still remember as ARM, today announced that it has acquired Treasure Data, a data management platform for large enterprise customers. The companies didn’t announce the financial details of the transaction, but earlier reporting by Bloomberg pegged the price at $600 million. This move strengthens Arm’s IoT nascent play, given that […]

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Vesper’s new microphone technology attracts millions from the biggest names in sound technology

sudshr47 May 15, 2018

Vesper Technologies, a new microphone technology developer, has raised $23 million from some of the biggest names in audio technology to finance the commercialization of its piezoelectric microphones. As audio technology and voice controlled devices become more ubiquitous, manufacturers are hoping to turn to higher performance MEMS (micro-electro mechanical systems) microphones that use acoustic sensors […]