Syntiant signs $150m deal to boost adoption of Edge AI by acquiring consumer MEMs division from Knowles Corporation.

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Chip company Syntiant Corp. said it has agreed to acquire certain assets of Knowles Corporation’s (NYSE: KN) consumer micro-electro-mechanical systems (MEMS) microphones for $150 million.

Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Knowles (KN – Research Report) today. The company’s shares closed ...

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