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ASM Technologies Acquires 20% Stake in Myelin Foundry for AI Solutions in Manufacturing

SEMICONDUCTORINDUSTRIAL IOT

ASM Technologies will invest ₹48 crore to acquire a 20% stake in Myelin Foundry, focusing on edge-based AI solutions for manufacturing. The strategic partnership aims to enhance operational intelligence in semiconductor, electronics, solar, and engineering sectors through predictive maintenance, multimodal analytics, and AI-augmented operations.

ASM Technologies Acquires 20% Stake in Myelin Foundry for AI Solutions in Manufacturing
Feb 22, 2026, 6:09 AM

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