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Automotive Vision Firm VisLab Acquired by Ambarella for $30M

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SANTA CLARA, Calif., July 13, 2015 — 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...Read full article

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    Published: July 2015
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    BusinessAmericasEuropeCaliforniaItalyUniversity of ParmaVisLabAmbarellaAlberto BroggiFermi Wangmachine visionautomotiveindustrialautonomous vehiclesDriverless cars

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