Magneti Marelli has announced the signing of an agreement for the acquisition of 100% of SmartMeUp, a French start-up operating in the field of “perception software” aimed at autonomous driving, smart cities and safety technology applications.
Closing is expected to take place in the last quarter of 2018, following some formal steps.
In particular SmartMeUp develops software for processing sensor’s signals, detecting and recognizing objects around the vehicle, allowing 3D Environment Building and Object Movement Tracking.
SmartMeUp also focuses on developing software for “Driver Monitoring”, that is included in the NCAP requirements roadmap, expected to be mandatory by 2020. The acquisition will bring into Magneti Marelli a group of high skilled scientists and engineers, with proven capabilities in the field.
The first step of the company’s strategy for autonomous driving was the development of the “Smart Corner” concept, which integrates sensors into the vehicle lights, and the investment in solid-state LiDAR expert LeddarTech, for the joint development of LiDAR systems. Moreover, Magneti Marelli is internally developing automotive grade cameras and electronic control units for sensor fusion.
Source: Magneti Marelli