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On June 18, Black Sesame Technology International Holding Co., Ltd. unveiled its intention to acquire a pioneering company specializing in the research, development, and sales of cost-effective, low-power artificial intelligence (AI) system-on-chip (SoC) solutions. This strategic move involves both equity acquisition and capital injection. The target company boasts independently developed core intellectual property (IP), encompassing ISP/NPU among others, and primarily caters to the burgeoning fields of automotive intelligence and edge AI applications. By acquiring this company, Black Sesame Technology aims to broaden its computing chip portfolio and fortify its position in offering comprehensive smart vehicle solutions across various scenarios.
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