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Syntiant Wins Octane's High Tech Award for ‘Deal of the Year'
Globenewswire· 2025-09-29 16:27
Core Insights - Syntiant Corp. has been awarded the High Tech Award for "Deal of the Year" by Octane for its acquisition of Knowles Corporation's Consumer MEMS Microphone business, highlighting a significant financial transaction that impacts the business landscape [2] Company Overview - Syntiant, founded in 2017 and headquartered in Irvine, California, specializes in ultra-low-power edge AI solutions, delivering efficient processors, sensors, and software [3] - The company has deployed over 100 million purpose-built silicon and machine learning models, along with billions of MEMS microphones and sensors, powering edge AI applications globally [3] Acquisition Details - The acquisition of Knowles' CMM business is recognized for its bold strategy, allowing Syntiant to enhance its technology and market presence [2] - This deal provides Syntiant with immediate entry into the multi-billion-dollar MEMS microphone market and a highly skilled team along with proven technology and a strong customer base [4] Strategic Impact - The integration of Knowles' sensors and microphones into Syntiant's edge AI platform enables the delivery of a full, turnkey solution that simplifies product development and accelerates time-to-market [2] - Syntiant's solutions cater to various applications, including consumer electronics, smart home devices, automotive, and industrial use cases, aligning with the growing trend of AI-enabled microphones [4]