Infineon aims to combine expertise with Tiny Machine Learning player Imagimob and strengthen its offering in embedded AI solutions
Leading semiconductors player, Infineon Technologies recently announced the acquisition of the Sweden-based startup Imagimob AB, an emerging platform provider for machine learning (ML) solutions for edge devices. Acquiring 100% of the shares, Infineon believes that the step will advance its position to offer a world-class ML solution and significantly complements its AI offerings. The official press release noted that 2013-born Imagimob provides a highly flexible and easy-to-use end-to-end machine learning toolchain focussing on delivering production-grade ML models. It didn’t reveal the amount of the transaction.
Under Tiny Machine Learning (TinyML), ML algorithms and models are deployed on resource-constrained devices like embedded systems or microcontrollers to enable local, real-time, and low-power inference on edge devices without relying on cloud-based services.
The partners asserted that Imagimob’s platform will extend Infineon’s hardware/software ecosystem further as it enables audio event detection, voice control, predictive maintenance, gesture recognition, signal classification, material detection, and similar use cases. The combined expertise is expected to provide existing customers of both companies a unified user experience across products, while also helping to advance the adoption of TinyML through all applications and segments.
“Artificial intelligence and machine learning respectively are about to largely enter every embedded application and thus enable new functionalities. With Imagimob’s outstanding platform and its expertise in developing robust machine-learning solutions for edge devices, we further strengthen our ability to enable new levels of control and energy efficiency on our products while preserving privacy. We enable our customers to leverage the advantages of AI/ML and bring their products to market quickly by building on our advanced sensors and IoT solutions portfolio,” stated Thomas Rosteck, President of Infineon’s Connected Secure Systems division.
Co-Founder and CEO of Imagimob, Anders Hardebring remarked, “With Infineon, we can accelerate our customer’s developments, enable new applications and help them to differentiate in their markets. Becoming an integral part of the Infineon ecosystem with their profound application expertise and extensive product portfolio allows us energy efficient and secure implementation of advanced sensing and control in IoT contexts.”
Stockholm-headquartered Imagimob identifies as a leading startup driving innovation with Edge AI, Automated Machine Learning (AutoML) and TinyML.
Over 56,000-employees-strong Infineon Technologies AG is a leading semiconductor provider in power systems and IoT globally. Infineon claims to drive decarbonization and digitalization with its products and solutions.
