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M&A Deal Summary

Kneron Acquires Otus

On April 12, 2023, Kneron acquired electronics company Otus

Acquisition Highlights
  • This is Kneron’s 1st transaction in the Electronics sector.
  • This is Kneron’s 1st transaction in Taiwan.

M&A Deal Summary
Date 2023-04-12
Target Otus
Sector Electronics
Buyer(s) Kneron
Deal Type Add-on Acquisition

Target

Otus

Taipei City, Taiwan
Otus is a camera and imaging solutions provider specializing in applications for automotive, virtual reality, as well as other panoramic scenarios. Otus was formed in 2014 and is based in Taipei City, Taiwan.

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Buyer(S) 1

Buyer

Kneron

San Diego, California, United States
Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Kneron develops full-stack hardware and software products for AI applications. The company's lightweight reconfigurable solutions resolve three major problems faced by edge devices running AI—latency, security, and cost––thereby enabling AI everywhere. Kneron was formed in 2015 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Taiwan M&A 1 of 1
Year: 2023 M&A 1 of 1
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