Renesas Acquires Reality AI to Enhance Terminal Artificial Intelligence

Time:2022-06-10 10:40:06Source:

According to foreign media reports, Renesas Electronics Corporation, a major supplier of advanced semiconductor solutions, announced the acquisition of Reality Analytics, Inc. (Reality AI), a provider of embedded AI solutions.According to the agreement, Renesas Electronics will conduct all-cash transactions in cash.The transaction has been unanimously approved by the boards of both companies and is expected to close by the end of 2022.

Image source: Renesas Electronics

Through this acquisition, Renesas Electronics will significantly enhance its terminal AI capabilities, provide system developers with more flexibility and higher efficiency, thereby speeding up the development of products AIoT (Artificial Intelligence of Things, artificial intelligence Internet of Things). Get to market quickly.

Embedding artificial intelligence into products is becoming increasingly important in a connected world as end-use workload demands continue to evolve.Applications such as IIoT (Industrial Internet of Things), consumer, automotive, etc. require embedded applications where intelligent decision-making based on machine learning is physically closer to the data source, so low latency and high security are very necessary.Through collaboration with its partners, Renesas has been providing development environments and software that allow AI to be embedded into its low-power, highly secure MCUs (microcontrollers) and MPUs (microprocessors).The acquisition of Reality AI enables Renesas to expand its in-house capabilities to provide comprehensive and highly optimized end-point solutions in both hardware and software, enabling system developers to realize end-point intelligence in a wide range of IIoT, consumer and automotive applications.

Headquartered in Columbia, MD, USA, Reality AI provides a broad range of embedded AI and Tiny Machine Learning (TinyML) solutions for advanced non-visual sensing in automotive, industrial and commercial products.These solutions provide advanced signal processing mathematics for machine learning, providing fast and efficient machine learning inference for the smallest MCUs.Reality AI's flagship Reality AI Tools® is a software environment built to support the entire product development lifecycle, providing analytics from non-visual sensor data.These inference-based AI solutions can be used in various end AI applications.

Combining Reality AI technology with Renesas' portfolio of MCUs and MPUs with AI inference and signal processing capabilities will help developers seamlessly apply advanced machine learning and signal processing to complex problems.

In addition to expanding embedded AI technology, key IP, software and tools, the acquisition will create an AIoT Center of Excellence in Maryland through the acquisition of Reality AI's experts.The move will expand Renesas' global software development talent base and lead the way in meeting the needs of customers looking to leverage artificial intelligence.

Hidetoshi Shibata, President and CEO of Renesas Electronics, said, "The importance and demand for terminal data is growing at an unprecedented scale. The acquisition of AI technology is an important milestone in meeting customers' emerging demand for terminal intelligence. Reality AI's AI solution The addition of the solution to our existing embedded AI portfolio will further strengthen our position as a leading provider of AIoT solutions."

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