Paris, France-based automotive supplier Valeo has acquired all of the outstanding shares of gestigon, a German startup specialized in developing 3D image processing software for the vehicle cabin.
The amount of the deal was not disclosed.
The acquisition is designed to reinforce Valeo’s technological leadership in automated driving through a solution to develop human-machine interfaces (HMI) in a connected world. With the acquisition, Valeo will be able to develop its cabin comfort and driving assistance operations, particularly in high-growth technologies such as interior cameras and image processing, which are increasingly a key differentiating factor in the automotive industry.
Building on Valeo’s existing Driver Monitoring system, which can sense driver drowsiness or distraction, the acquisition will lead to the development of a comprehensive offering of object and occupant detection features. Going forward, the vehicle will be able to analyze the cabin environment and adapt to the occupants’ safety needs – by activating airbags, for example.
FinSMEs
13/03/2017