indie Semiconductor Makes Deal to Acquire emotion3D

Automotive technology solutions provider indie Semiconductor has signed a definitive agreement to acquire emotion3D GmbH, a developer of advanced perception algorithms and software for in-cabin sensing, advanced driver assistance systems (ADAS) and automated driving. emotion3D has achieved deployments for its AI-based perception solution for embedded automotive vision and radar sensing for in-cabin sensing applications with global Tier 1 system integrators and OEMs.

emotion3D's machine learning-based approach is designed to versatile enough for varying use cases, using a low compute multi-task neural network architecture in combination with synthetic data and simulation during model development and testing. The company’s in-house capabilities in synthetic data generation, it said, significantly reduce the need for real-world data, enabling faster and more cost-efficient development, reliable retraining of neural networks, and high flexibility in addressing custom requirements.

The company's advanced perception solutions for external sensing applications such as nighttime forward vision and camera-radar sensor fusion are currently in advanced development and customer testing, the company said.

indie will pay $20 million at closing, in addition to an aggregate of up to $10 million performance based earnouts that will be payable if certain revenue targets are exceeded over a post-closing period. The deal is expected to close in the fourth quarter of 2025.

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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...
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...
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...

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