Xperi, an entertainment technology company, has agreed to sell
Perceive View full company profile
“> to Amazon for $80 million in cash. Perceive focuses on edge inference hardware and software technologies.
The sale reflects the evolving landscape of edge inference technology, which processes data closer to the source to improve speed and efficiency.
By acquiring Perceive, Amazon could expand its capabilities in this growing area, which offers significant potential for applications in smart devices and artificial intelligence.
The transaction is expected to close by year-end, subject to customary closing conditions. Jon Kirchner, CEO of Xperi, expressed confidence that Amazon will take Perceive’s technology to new levels.
“Since Perceive’s founding, the edge inference technology landscape has evolved, and Perceive has adapted to this rapidly changing environment thanks to the skills of its leaders and engineers. We are pleased to have found a suitable home for Perceive, its people, and its technology. We are excited that Amazon can take the technology to the next level, which we believe has significant potential.” – Jon Kirchner, CEO of Xperi.
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