A360
Key Takeaways✦ Atlas AI
01
Lattice acquires AMI for $1.65 billion.
02
Deal expands Lattice into AI software.
03
AMI projected $200M revenue in 2026.
Atlas AI
Lattice Semiconductor said Monday it will acquire sosourcesware firm AMI in a deal valued at $1.65 billion, as the chipmaker looks to expand into sosourcesware and artificial intelligence management.
Under the agreement, Lattice will pay $1 billion in cash and about $650 million in shares. Georgia-based AMI, which is currently majority owned by private equity firm THL Partners, is expected to generate more than $200 million in revenue in 2026.
Lattice said it expects the transaction to close in the third quarter of this year.
The company said AMI’s expertise in firmware and infrastructure for cloud and AI will extend Lattice’s portfolio and deepen its role in system-level security, manageability and control.
Lattice said the acquisition supports its trajectory toward an annual revenue run rate of more than $1 billion by the fourth quarter of this year. It also expects the deal to increase gross margin, free cash flow and adjusted earnings per share.
Lattice makes small, power-efficient chips that can be reprogrammed asourceser manufacturing, making them flexible for use across industries.
