Ambarella Inc. has acquired automotive vision firm VisLab SRL of Parma, Italy, for $30 million.
The acquisition moves Ambarella, a developer of video compression and image processing systems, into the driverless car market.
VisLab was spun out of the University of Parma in 2009 and is managed
by professor Alberto Broggi. In 2010, the company completed an
autonomous vehicle test drive of 15,000 km from Parma to Shanghai.
"We have constantly improved our technology through a series of road
tests, such as the 2013 tour of Parma [from the University Campus to
Piazzale della Pilotta] made by an autonomous self-driving vehicle
without any human intervention," Broggi said. "Now, we are ready for
industrialization."
VisLab's latest prototype, DEEVA, is
equipped with more than 20 video cameras and four laser scanners, as
well as a global positioning system and inertial sensors. These make the
vehicle capable of perceiving and interpreting real-time movements and
objects around it, and consequently deciding autonomously where to move
and at what speed.
Autonomous vehicles could improve road
safety by reducing accidents attributable to distracted or irresponsible
driving, according to VisLab.
"Computer vision is an area of
significant focus for Ambarella, and will be critical to our current
video markets, as well as future markets such as automotive OEM
cameras," said Ambarella CEO Fermi Wang.
VisLab will remain in
Italy, where it is expected to continue R&D and expand its
workforce. Its 27 current researchers will join Ambarella’s advanced
computer vision development team.
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Source: http://global.ofweek.com/news/Automotive-vision-firm-VisLab-acquired-by-Ambarella-for-30M-32078
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