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Indie to Acquire GEO Semiconductor

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Automotive technology company indie Semiconductor has entered a definitive agreement to purchase GEO Semiconductor, a provider of video processing technology for automotive cameras. GEO, a private fabless semiconductor supplier, adds scale to indie’s image processing program and enables sensor fusion of radar, lidar, ultrasound, and computer vision solutions in advanced driver assistance systems applications, indie said. The transaction is expected to close in the first quarter of 2023. For indie, the acquisition follows moves that point to a broader strategy and focus on video...Read full article

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    Published: February 2023
    Glossary
    lidar
    Lidar, short for light detection and ranging, is a remote sensing technology that uses laser light to measure distances and generate precise, three-dimensional information about the shape and characteristics of objects and surfaces. Lidar systems typically consist of a laser scanner, a GPS receiver, and an inertial measurement unit (IMU), all integrated into a single system. Here is how lidar works: Laser emission: A laser emits laser pulses, often in the form of rapid and repetitive laser...
    semiconductor
    A semiconductor is a type of material that has electrical conductivity between that of a conductor and an insulator. In other words, semiconductors have properties that are intermediate between metals (good conductors of electricity) and insulators (poor conductors of electricity). The conductivity of a semiconductor can be controlled and modified by factors such as temperature, impurities, or an applied electric field. The most common semiconductors are crystalline solids, and they are...
    Businessindie SemiconductorGEO SemiconductorlidarLasersSensors & Detectorsacquisitionsmergers & acquisitionsvideo processingsemiconductorautonomous vehiclesADASImagingAmericasThe News Wire

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