Virtium completes acquisition of Embedded Artists AB to expand edge AI and industrial computing capabilities
Acquiring Company
Virtium
Acquired Company
Embedded Artists AB
Rancho Santa Margarita
MalmöManufacturingSoftwareArtificial IntelligenceManufacturingelectrical/electronic manufacturingDescription
Virtium, a trusted provider of industrial-grade memory and storage solutions, has acquired Embedded Artists AB, a renowned developer of specialized compute, AI accelerator, and connectivity modules for Edge AI and industrial applications. This acquisition accelerates Virtium’s strategic expansion into the rapidly evolving edge computing, artificial intelligence, and high-performance industrial computing markets.
Quick answer
Virtium is acquiring Embedded Artists AB, announced December 10, 2024. Virtium is based in Rancho Santa Margarita, California, United States.
- How much did Virtium pay for Embedded Artists AB?
- The deal value was not disclosed.
- What does Virtium do?
- Virtium is a trusted leader in the design and manufacturing of high-reliability industrial storage, memory solutions, and now includes compute, AI accelerators, connectivity modules, and software solutions.
- Where are Virtium and Embedded Artists AB based?
- Virtium is based in Rancho Santa Margarita, California, United States. Embedded Artists AB is based in Malmö, Skåne County, Sweden.
- Who are the decision-makers at Virtium?
- Fundz holds 2 contacts at Virtium. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Embedded Artists AB?
Embedded Artists AB was acquired by Virtium, based in Rancho Santa Margarita. The deal was reported on December 10, 2024. Virtium is a trusted leader in the design and manufacturing of high-reliability industrial storage, memory solutions, and now includes compute, AI accelerators, connectivity modules, and software solutions. Virtium is privately held and operates in Manufacturing.
When did Virtium acquire Embedded Artists AB?
Virtium's acquisition of Embedded Artists AB was reported on December 10, 2024. Virtium, a trusted provider of industrial-grade memory and storage solutions, has acquired Embedded Artists AB, a renowned developer of specialized compute, AI accelerator, and connectivity modules for Edge AI and industrial applications. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Embedded Artists AB do?
Embedded Artists develops and manufactures a wide range of Computer-on-Modules and Wi-Fi/Bluetooth modules that can be easily integrated into end-products. It is privately held, operating in Manufacturing, and is based in Malmö.
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