QuickLogic exploring sale of SensiML subsidiary to focus on core eFPGA business

QUICKLOGIC Corp

Board actively exploring strategic options for wholly-owned subsidiary SensiML, including a potential sale of SensiML or its assets.
Preliminary discussions with potential strategic partners are underway; no assurance a transaction will materialize.
Company will concentrate all resources on its eFPGA Hard IP and ruggedized FPGA core business, citing recent design wins and government contracts.
CEO Brian Faith cites core business success and profitability as reason to divest SensiML, acquired for AI/ML sensor processing leverage.

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