Ambarella to Acquire Oculii for $307.5 Million to Enhance Radar Perception Technology

Ambarella, Inc. has announced a definitive agreement to acquire Ohio-based Oculii Corporation. The acquisition expands Ambarella’s addressable market into radar perception and fusion with its existing edge AI CV perception SoCs for automotive and other IoT endpoint applications, including mobile robotics and security. Fusion is one of the key phrases of the definitive agreement. According […]