Camera-based driving assistance systems developer Mobileye(NYSE: MBLY) and Valeo (FR: EPA), which specializes in driving assistance systems and specifically laser scanner technology, have joined forces to combine Mobileye's EyeQ family of microprocessors and computer vision algorithms with Valeo's strong driving assistance sensor portfolio.
Under the cooperation agreement, Valeo will design and industrialize a range of front-facing camera solutions and sensor fusion products using Mobileye's EyeQ family of microprocessors and computer vision algorithms. The product portfolio will include monocular cameras for active safety applications to satisfy regulatory requirements for collision avoidance, fusion with non-scanning LED, fusion with radar and trifocal camera configurations for high-end customer functions.
The product offering will be designed for scalability and is expected to run on a single Mobileye EyeQx system-on-chip. During the term of the agreement, the front-facing camera technology offered by Valeo will be based solely on Mobileye's EyeQ family of microprocessors and computer vision algorithms.
Mobileye and Valeo have also joined forces in an exclusive cooperation to develop an innovative joint product proposition for the Automated Driving Market, combining vision and laser scan. The combination of Valeo's global presence and excellent technology portfolio, including market-leading Laser Scan Technology, with Mobileye's unique expertise on image processing technology will allow both partners to create unique solutions for future autonomous cars.
Published by Globes [online], Israel business news - www.globes-online.com - on March 12, 2015
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