German 3D image processing startup Gestigon has been acquired by French connected car component maker Valeo. No terms were disclosed.
Gestigon develops body and gesture recognition technology for the inside of vehicles. Valeo’s acquisition of the startup will aid its design and production of connected automotive components, such as its Driver Monitoring system, which detects driver distraction.
“A leader in human-machine interface solutions, this start-up enjoys recognized expertise in the automotive industry,” commented Marc Vrecko, head of Valeo’s Comfort and Driving Assistance Systems Business Group. “By combining our skills in a larger team, we will sharpen our edge and reinforce our leadership in autonomous and connected cars.”
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