ASM Technologies announced a strategic investment and strategic partnership in Myelin Foundry to deploy patented, high-performance AI solutions. ASM has signed definitive agreements to invest approximately Rs 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 portfolio.