Red Hat Acquires Neural Magic

January 15, 2025

Red Hat has completed its acquisition of Neural Magic, a company focused on software and algorithms that accelerate generative AI (gen AI) inference workloads. The deal adds Neural Magic’s expertise in inference performance engineering, model optimization, and open-source vLLM contributions to Red Hat’s hybrid-cloud AI platform, Red Hat AI.

Buyers
Red Hat, Inc.
Targets
Neural Magic
Location
North Carolina, United States
Transaction Type
Buyout

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