Microchip Technology Completes Acquisition of Hailo

Adds AI accelerators and vision processors to existing product portfolio

CHANDLER, Ariz. -- Sept. 21, 2026 -- Microchip Technology Incorporated (Nasdaq: MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, today announced that it has completed its acquisition of Hailo, a provider of accelerated edge AI processors, vision processors, robotics processors and AI software technologies. The acquisition advances Microchip's strategy to enable intelligent, connected systems at the edge and expands its ability to deliver complete solutions for Edge AI, machine vision, robotics and Physical AI applications. The terms of the transaction were not disclosed, and the transaction is not expected to have a material impact on Microchip's financial results.

As artificial intelligence rapidly moves from experimentation to deployment, developers increasingly require solutions that combine AI acceleration, embedded processing, connectivity, security, power efficiency and long-term product support. By bringing together Microchip's broad embedded systems portfolio with Hailo's AI and vision technologies, Microchip has broadened its ability to help customers move more quickly from prototype to production.

"AI is becoming a foundational capability across embedded systems, from industrial automation and robotics to intelligent transportation, smart infrastructure and advanced vision applications," said Steve Sanghi, Chief Executive Officer and Chair of the Board of Microchip Technology. "Hailo strengthens our ability to deliver complete, production-ready platforms that enable customers to deploy intelligent systems at scale. This acquisition expands our product offerings in one of the most important technology transitions in the embedded industry."

The addition of the Hailo product portfolio expands Microchip's Edge AI offerings with proven AI accelerators and vision processors supporting computer vision, transformer-based models, multimodal workloads and advanced video analytics.  With this acquisition, Microchip’s portfolio will enable customers to develop intelligent edge systems ranging from low-power smart cameras to high-performance robotics, autonomous machines and next-generation Physical AI platforms.

"The completion of this acquisition is an important enhancement to Microchip's Edge AI strategy," said Mark Reiten, Senior Corporate Vice President of Microchip's Intelligent Compute Business Unit. "Hailo brings industry-leading edge AI acceleration, vision processing expertise and a vibrant developer ecosystem. Combined with Microchip's embedded processing, FPGA, connectivity, security, analog and power solutions, we can deliver a broader and more complete platform for customers building intelligent edge systems."

Hailo brings an established ecosystem that includes more than 100 customers, an active developer community exceeding 10,000 users and broad engagement across open-source and AI development platforms. Microchip’s strategy is to continue investing in software tools, development environments and next-generation technologies that simplify AI adoption and accelerate deployment into production applications. 

"Joining Microchip opens exciting opportunities for our customers, partners and developer community," said Orr Danon, founder and Chief Executive Officer of Hailo. "Microchip's global reach, customer relationships and embedded systems expertise provide a powerful platform for expanding access to advanced Edge AI and vision technologies.  As part of Microchip, we are well positioned to accelerate innovation and help customers bring intelligent systems to market faster."

Microchip plans to continue supporting Hailo's existing product portfolio, software environment and customer engagements while driving future innovation across AI acceleration, vision processing and intelligent edge computing.  Customers will be able to benefit from expanded access to Microchip's worldwide sales organization, technical support resources and broad portfolio of embedded solutions.