Melexis Enters Exclusive License Agreement with Chronoptics

Microelectronics engineering company Melexis entered into a license agreement with 3D camera and time-of-flight specialist Chronoptics. Per the agreement, Melexis gains exclusive use of Chronoptics’ multipath and linearity error correction technologies for automotive applications. This includes ADAS for autonomous vehicles, and interior monitoring and safety systems. The companies will also work together on furthering the technology to be deployed in the automotive market.