Kalray and Pliops enter exclusive negotiations to merge

Kalray and Pliops entered exclusive negotiations to merge, creating a global leader in data accelerators for AI and storage acceleration. The merger will be executed through a share exchange with Kalray shareholders retaining majority control.

“Kalray and Pliops enters into exclusive negotiations to create a global leader in data accelerators for AI and storage acceleration.”actusnews.com

• 1 source
• actusnews.comKALRAY - KALRAY AND PLIOPS ENTERS INTO EXCLUSIVE NEGOTIATIONS TO CREATE A GLOBAL LEADER IN DATA ACCELERATORS FOR AI AND STORAGE ACCELERATION - 03/06/2024 - 18H00 - Actusnews WireActusnews WireJun 3, 2024

Summarized from public sources; check the original articles before acting on it.