Uber to acquire Careem
Posted: 27 Mar 2019 05:18 AM PDT
Uber is set to acquire Careem for $3.1 billion. Upon closing of the transaction, Careem will become a wholly-owned subsidiary of Uber, preserving its brand.
Continental launches radios with CAN bus connectivity
Posted: 27 Mar 2019 05:13 AM PDT
Expanding its product portfolio of audio systems for off-highway vehicles, the technology company Continental has now launched radios with CAN bus connectivity
Ouster announces additional $60M funding
Posted: 27 Mar 2019 04:45 AM PDT
Ouster, a known provider of high-resolution lidar sensors used for autonomous vehicles, robotics, and mapping has announced the addition of over $60 million in funding.
Innoviz Technologies raises $132M in Series C funding
Posted: 27 Mar 2019 02:07 AM PDT
Innoviz Technologies has announced that it has raised $132 million in Series C funding. The company manufactures solid-state LiDAR sensors and perception software that enable the mass-production of autonomous vehicles.
Revvo, a start up that builds smart sensor for vehicle tires, raises $4M
Posted: 27 Mar 2019 12:23 AM PDT
Revvo has raised $4M in Series A funding. Formerly known as IntelliTire, Revv is a Silicon Valley-based startup that offers an internet of things (IoT) “smart” sensor for vehicle tires. Norwest Venture Partners led the round, with participation from Vulcan Capital and AngelList.
Jaguar Land Rover selects Spirent Solutions for Ethernet-in-the-Car conformance testing
Posted: 26 Mar 2019 11:16 PM PDT
Modern vehicles have up to 100 engine control units (ECUs), and as more vehicles support advanced features such as multiple cameras and advanced driver assistance systems (ADAS), automotive designers must adopt higher bandwidth in-vehicle networks. Automotive Ethernet is derived from the same robust Ethernet technology used in communication networks today, adding automotive-specific protocols and new physical layer connectivity designed for the automotive environment.