Freescale announced its acquisition of Ottawa, Canada-based CogniVue Corp. to boost its position in the autonomous vehicles and advanced driver assistance systems market.
Financial terms of the deal were not disclosed.
Freescale, a microchip maker based in Austin, is a market leader in making sensor, microcontroller and microprocessor solutions for automotive radar and vision applications. The company already has shipped more than 20 million units for autonomous vehicles and advanced driver assistance systems market.
“The acquisition of CogniVue accelerates our autonomous vehicles portfolio with leading-edge vision processing IP,” Bob Conrad, Senior Vice President and General Manager of Freescale’s Automotive MCU group, said in a news release. “With the exceptional market response to our S32V234 vision processor, as well as demand for our next generation vision solutions, this acquisition places Freescale in a position to supply highly automated car applications with the requisite performance, safety, security and reliability those systems require.”
Freescale already uses CogniVue’s technology in its S32V processor.
