Magneti Marelli is set to acquire SmartMeUp, a French start-up operating in the field of “perception software” aimed at autonomous driving, smart cities, and safety technology applications.
The company develops software for processing sensor’s signals, detecting and recognizing objects around the vehicle, allowing 3D Environment Building and Object Movement Tracking. This type of software will be a key enabler for autonomous vehicles.
The software also requires low computing power and generates low heat, making it possible to be rolled out on a large scale for embedded automotive applications.
The company is also 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.
Magneti Marelli has also recently made an investment in LiDAR expert LeddarTech, now with this acquisition of SmartMeUp and the long-established Lighting and Electronics capabilities, the company’s contribution to autonomous driving development with the focus on the sensing and perception components of the architecture will be strengthened. Moreover, the company is also internally developing automotive grade cameras and electronic control units for sensor fusion.