Kalray : Announcement of exclusive talks with a view to a tie-up with Pliops and warning for H1 2024
>Announcement of exclusive negotiations with a view to a merger with Pliops - Kalray announced yesterday evening that it is in exclusive negotiations with Pliops, an Israeli firm and a rival to Kalray, with a view to a merger via a contribution of Pliops shares to Kalray. Pliops is specialised in the development of advanced technologies and acceleration solutions for data centre storage servers and AI. The company has raised around $ 200m since it was founded in 2017 ...Kalray SA is a France-based semiconductor and software company that develops and sells manycore processors. Its products include the Multi-Purpose Processor Array (MPPA) processor architecture (a family of programmable silicon devices), a software development kit, development platform and reference board. The Company provides manycore processors for low to medium volume embedded and acceleration applications. The Company's technology is the combination of the MPPA processor architecture and a software parallel programming solution MPPA ACCESSORE. Its products target the embedded computing market, including the imaging, medical and industrial sectors, telecommunication infrastructures, data security and network appliances, and transport and industrial automation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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