logo
logo

Virtium completes acquisition of Embedded Artists AB to expand edge AI and industrial computing capabilities

Dec 10, 2024•9 months ago

Acquiring Company

Virtium

Acquired Company

Embedded Artists AB

Rancho Santa MargaritaMalmöArtificial IntelligenceManufacturingSoftwareManufacturing

Description

Virtium, a trusted provider of industrial-grade memory and storage solutions, has acquired Embedded Artists AB, a renowned developer of specialized compute, AI accelerator, and connectivity modules for Edge AI and industrial applications. This acquisition accelerates Virtium’s strategic expansion into the rapidly evolving edge computing, artificial intelligence, and high-performance industrial computing markets.

Company Information

Company

Virtium

Location

Rancho Santa Margarita, California, United States

About

Virtium is a trusted leader in the design and manufacturing of high-reliability industrial storage, memory solutions, and now includes compute, AI accelerators, connectivity modules, and software solutions. With over 25 years of experience, Virtium has earned a reputation for delivering high-quality products that meet the demanding requirements of global customers in industries such as networking, telecommunications, industrial OEMs, and embedded markets. Virtium’s commitment to innovation, long-term product availability, and customer support has made it a preferred partner for companies requiring mission-critical Edge AI system solutions.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed