TDK to Acquire Qeexo

TDK (TSE: 6762), a San Jose, CA-based supplier of digital options for the sensible society, acquired Qeexo, a Mountain View, CA-based firm that automates end-to-end machine studying for edge gadgets.

The quantity of the deal was not disclosed.

With the acquisition, TDK will additional strengthen its ML experience and simplify ML software growth to turn out to be a frontrunner in delivering sensible edge options.

Led by CEO Sang Won Lee and CTO Chris Harrison, Qeexo is an organization that automates end-to-end machine studying for embedded edge gadgets (Cortex M0-M4 class). Its AutoML platform permits prospects to leverage sensor information to construct machine studying options for constrained environments with purposes in industrial, IoT, wearables, automotive, cell, and extra. Over 300 million gadgets worldwide are geared up with AI constructed on Qeexo AutoML.

Led by Jim Tran, CEO, TDK Corporation focuses on digital options for the sensible society. Its portfolio options passive elements corresponding to ceramic, aluminum electrolytic and movie capacitors, in addition to magnetics, high-frequency, and piezo and safety gadgets. The product spectrum additionally contains sensors and sensor programs corresponding to temperature and strain, magnetic, and MEMS sensors. In addition, TDK gives energy provides and vitality gadgets, magnetic heads and extra. These merchandise are marketed underneath the product manufacturers TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. The firm focuses on demanding markets in automotive, industrial and client electronics, and knowledge and communication know-how.

FinSMEs

05/01/2023

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