QuickLogic acquires SensiML SaaS AI Company

QuickLogic Corp., a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, announced today that it has acquired SensiML Corporation.  

Under the terms of the agreement, the details of which are not disclosed, QuickLogic will fund the acquisition in shares of common stock. SensiML will operate as a division of QuickLogic and continue to develop, expand, and optimize its platform-independent software solutions to support SoCs from other semiconductor companies as well as QuickLogic SoCs, QuickAI Platforms and licensees of QuickLogic's ArcticPro embedded FPGA IP (eFPGA).

Initiated as a software group within Intel Corp., SensiML's founders acquired the technology and formed SensiML as an independent company in 2017.  SensiML has since developed strategic and ongoing SaaS (Software as a Service) contracts with customers in its targeted IoT and consumer markets.

Over six years in the making, the SensiML Analytics Toolkit is an end-to-end software suite that provides OEMs a straightforward process for developing pattern matching sensor algorithms using machine learning (AI) technology that are optimized for ultra-low power consumption.  The SensiML Analytics Toolkit enables OEMs to quickly and easily leverage the power of local AI in edge, endpoint and wearable designs without the need for significant Data Science or Firmware Engineering resources.