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Nordic Semiconductor ASA ( (GB:0FF9) ) has shared an update.
Nordic Semiconductor has acquired the intellectual property and core technology assets of Neuton.AI, a pioneer in automated TinyML solutions for edge devices. This acquisition aligns with Nordic’s strategy to enhance edge AI capabilities, combining their wireless technology with Neuton.AI’s platform to develop more efficient AI-powered devices. The acquisition includes Neuton.AI’s team and assets, with the brand continuing operations during the integration phase, although financial terms were not disclosed.
The most recent analyst rating on (GB:0FF9) stock is a Buy with a NOK139.00 price target. To see the full list of analyst forecasts on Nordic Semiconductor ASA stock, see the GB:0FF9 Stock Forecast page.
More about Nordic Semiconductor ASA
Nordic Semiconductor provides ultra-low power wireless connectivity solutions for smart, connected products. Their offerings span from hardware to cloud, enabling brands to create high-performance, low-power consumption devices across consumer electronics, healthcare, and industrial automation sectors.
Average Trading Volume: 726,668
Current Market Cap: NOK26.72B
For an in-depth examination of 0FF9 stock, go to TipRanks’ Overview page.