NXP to acquire Kinara for $307m.

NXP, a semiconductor manufacturing company, agreed to acquire Kinara, a provider of high performance, energy-efficient and programmable discrete neural processing units, for $307m. As existing partners, Kinara and NXP make it easy to pair Kinara’s NPUs with NXP’s industry-leading portfolio of industrial and IoT processors. Together, the companies will create tighter integration of solutions to deliver scalable AI platforms for a variety of industrial and automotive AI inference needs.