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.