
ASM Technologies and Myelin Foundry Forge Strategic Partnership to Modernise Industrial Manufacturing with Edge Based AI, ASM to acquire 20% stake
Bengaluru: ASM Technologies Ltd, a global engineering design-led manufacturing company, announced a strategic investment and strategic partnership in Myelin Foundry Private Limited to deploy patented, high-performance AI solutions on Friday. ASM has signed definitive agreements to invest approximately INR 48 crore to acquire an aggregate 20% stake in Myelin Foundry. This will address evolving industry requirements across semiconductor, electronics, solar and engineering, where real-time operational intelligence and equipment reliability are increasingly critical. The partnership integrates Myelin’s “edge-first” AI stack—specializing in predictive intelligence and multimodal analytics—directly into ASM’s engineering design led manufacturing







































