Knowles, a leading provider of advanced micro-acoustic, audio processing, and precision device solutions, has recently made significant strategic moves in its business operations. In September 2023, the company announced its intention to explore strategic options for the business while reaffirming its commitment to producing essential medical technology components such as microphones, capacitors, radio frequency filters, and balanced armature speakers.
One of the key developments in Knowles' strategic roadmap is the decision to acquire Cornell Dubilier, a move that is poised to reshape the company's market positioning and product portfolio. This acquisition is expected to have far-reaching implications for both Knowles and the broader industry landscape.
For edge AI processor vendor Syntiant, Knowles' acquisition of Cornell Dubilier represents a significant opportunity to enhance its edge AI capabilities. By integrating sensors, processors, and software into a comprehensive full-stack solution, Syntiant aims to strengthen its market presence and offer cutting-edge AI-driven interfaces to its customers.
Knowles' SiSonic MEMS microphones have been instrumental in various consumer electronics applications, including smartphones, smart speakers, household appliances, wearables, and automotive systems. The consumer microphones business segment has been a significant revenue driver for Knowles, generating substantial revenues in recent fiscal years.
Kurt Busch, CEO of Syntiant, emphasized the growing importance of AI-enabled microphones in shaping the future of technology. He highlighted the role of large language models in revolutionizing industries and underlined the strategic significance of the acquisition in tapping into the multi-billion dollar MEMS market.