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Stock impact report

Syntiant to Acquire Knowles’ Consumer MEMS Microphone Division

Knowles Corporation (KN) 
Last knowles corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.knowles.com
Company Research Source: GlobeNewswire
IRVINE, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Syntiant Corp., the recognized leader in low power edge AI deployments, today announced it has signed a definitive agreement to acquire certain assets of Knowles Corporation’s (NYSE: KN) Consumer MEMS Microphones (CMM) business. Knowles’ CMM division is an industry-leading manufacturer and supplier of high performance SiSionic™ micro-electro-mechanical systems (MEMS) microphones that are essential for voice and audio applications in smartphones, smart speakers and wearables, among other market segments, including autos and household appliances. The acquisition will enable Syntiant to offer customers a complete turnkey solution for always-on audio and speech applications, combining MEMS microphones with the company’s existing AI capabilities in hardware and machine learning models. “We believe almost every microphone of the future will be AI-enabled, as large language models continue to revolutionize industries by improving natural Show less Read more
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