Velodyne Lidar, Inc., a San Jose, Calif.-based company that provides lidar solutions for autonomy and driver assistance, acquired mapping and localization software as well as intellectual property assets from Mapper.ai.

The amount of the deal was not disclosed.

Mapper technology will enable Velodyne to accelerate development of Vella™, the software that establishes its directional view Velarray™ lidar sensor. The Velarray is the first solid-state Velodyne lidar sensor that is embeddable and fits behind a windshield, as an integral component for effective advanced driver assistance systems (ADAS).

In addition to ADAS, Velodyne will incorporate Mapper technology into lidar-centric solutions for other emerging applications, including autonomous vehicles, last-mile delivery services, security, smart cities, smart agriculture, robotics, and unmanned aerial vehicles.

The company’s solutions will allow customers to enjoy advanced capabilities for ADAS features including pedestrian and bicycle avoidance, Lane Keep Assistance (LKA), Automatic Emergency Braking (AEB), Adaptive Cruise Control (ACC), Traffic Jam Assist (TJA), and more.

Mapper’s entire leadership and engineering teams, led by Dr. Nikhil Naikal, founder and CEO, will join Velodyne, enhancing the company’s software development group. The new people will augment the current software team of engineers working on Vella software, which will accelerate Velodyne’s production of ADAS solutions.

Velodyne is led by Founder and CEO David Hall and CTO Anand Gopalan.

FinSMEs

23/07/2019