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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...Read full article

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