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ASM Technologies Acquires 20% Stake in Myelin Foundry to Advance Edge AI in Manufacturing

SEMICONDUCTORINDUSTRIAL IOT

ASM Technologies Ltd has announced a strategic partnership with Myelin Foundry Private Limited, acquiring a 20% stake for INR 48 crore. This partnership aims to enhance manufacturing processes in semiconductor, electronics, solar, and engineering sectors through Myelin's 'edge-first' AI technology, focusing on real-time operational intelligence and equipment reliability.

ASM Technologies Acquires 20% Stake in Myelin Foundry to Advance Edge AI in Manufacturing
Feb 22, 2026, 6:10 AM

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