Avnet’s EBV Elektronik will distribute Hailo’s AI solutions in Europe and Israel
28 April, 2022
Hailo's CEO: “This agreement is a major opportunity for our AI technology across Europe and beyond, in a range of markets including industry 4.0, automotive, smart retail, smart cities, and smart home applications”
EBV Elektronik, an Avnet company (NASDAQ: AVT), today announced the signing of a new distribution franchise agreement for the EMEA region with Hailo, a leading edge Artificial Intelligence (AI) chipmaker.
Hailo offers a wide range of AI accelerators including the innovative Hailo-8™ AI processor and its M.2 and Mini PCIe high-performance AI acceleration modules. The Hailo-8, featuring up to 26 Tera Operations Per Second (TOPS) at a typical power consumption of 2.5 W, delivers superior edge performance with industry-leading power efficiency and enables edge devices to run sophisticated deep-learning applications at scale.
Hailo’s solutions connect to board-level platforms via the PCIe interface. This allows for high-performance and power-efficient AI solutions when used together with the Intel/AMD x86 or the Raspberry Pi Compute Module 4, as well as with ARM-based processors, such as those manufactured by NXP Semiconductors, STMicroelectronics, and Renesas. Another key product leveraging the advantages of Hailo’s AI technology is the MicroSys Electronics miriac® AIP-S32G274A embedded SoM (system-on-module), which is based on NXP processors and includes support for the Hailo-8 AI acceleration modules.
“This agreement with EBV is a major opportunity for our AI technology to gain greater penetration across Europe and beyond, in a range of markets including industry 4.0, automotive, smart retail, smart cities, and smart home applications,” said Orr Danon, CEO of Hailo
“Hailo’s technology is at the cutting edge of AI and deep learning applications,” said Susanne Betting, Senior Director Supplier Marketing at EBV Elektronik. “It is a major complement to our existing portfolio of AI solutions as a companion device for a range of microprocessors from our leading silicon suppliers and will significantly extend our options to deliver a range of world-class AI solutions to our customers.”