Acquiring Company
Microchip Technology
Acquired Company
Hailo
Chandler
Tel AvivManufacturingInformation TechnologyWirelessManufacturingArtificial IntelligenceSecurityMachine LearningDescription
Microchip Technology has signed a definitive agreement to acquire Hailo, enhancing its portfolio in edge AI processing. This acquisition is expected to close by September 30, subject to regulatory approval. Hailo's technology and established customer base will strengthen Microchip's capabilities in intelligent edge applications. The transaction aligns with Microchip's strategy to enable power-efficient AI at the edge.
Quick answer
Microchip Technology is acquiring Hailo, announced July 24, 2026. Microchip Technology is based in Chandler, Arizona, United States.
- How much did Microchip Technology pay for Hailo?
- The deal value was not disclosed.
- What does Microchip Technology do?
- Microchip Technology is a leading provider of microcontroller and analog semiconductors.
- Where are Microchip Technology and Hailo based?
- Microchip Technology is based in Chandler, Arizona, United States. Hailo is based in Tel Aviv, Tel Aviv District, Israel.
- Who are the decision-makers at Microchip Technology?
- Fundz holds 1 contact at Microchip Technology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Hailo?
Hailo was acquired by Microchip Technology, based in Chandler. The deal was reported on July 24, 2026. Microchip Technology is a leading provider of microcontroller and analog semiconductors. They offer a comprehensive suite of tools and services to support developers in creating high-quality products efficiently. Microchip Technology is publicly traded (MCHP) and operates in Manufacturing.
When did Microchip Technology acquire Hailo?
Microchip Technology's acquisition of Hailo was reported on July 24, 2026. Microchip Technology has signed a definitive agreement to acquire Hailo, enhancing its portfolio in edge AI processing. This acquisition is expected to close by September 30, subject to regulatory approval. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hailo do?
Hailo, co-founded in 2017 by Orr Danon and Avi Baum, designs specialized chips to run AI workloads on edge devices, executing AI tasks with lower memory usage and power consumption than a typical processor. It is privately held, operating in Manufacturing, and is based in Tel Aviv.
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