# 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.

- Type: Acquisition
- Announced: 2024-06-03
- Status: announced
- Products: data accelerators for AI and storage acceleration
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Kalray](https://endata.com/companies/46307.md)
- [Pliops](https://endata.com/companies/77830.md) (target)

## Sources

- [actusnews.com](https://www.actusnews.com/en/kalray/pr/2024/06/03/kalray-and-pliops-enters-into-exclusive-negotiations-to-create-a-global-leader-in-data-accelerators-for-ai-and-storage), 2024-06-03: "Kalray and Pliops enters into exclusive negotiations to create a global leader in data accelerators for AI and storage acceleration."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.