Computer vision and intelligent transportation system company acquired by Ambarella

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Computer vision and intelligent transportation system company acquired by Ambarella
6 July 2015, 12:00 am

                    Ambarella, Inc, a developer of video compression and image processing semiconductors, has announced the acquisition of VisLab S.r.l., a privately-held company based in Parma, Italy for $30 million in cash. VisLab, the Vision and Intelligent Systems Laboratory at the University of Parma, was founded by Professor Alberto Broggi and has developedcomputer vision and intelligent control systems for automotive and other commercial applications, including Advanced Driver Assistance Systems and several generations of autonomous vehicle driving systems.

Vision Systems Design - Non-Industrial VisionLink

Source: AI in the News

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