Lidar manufacturer Velodyne announced it acquired Mapper.ai to improve development of its Vella software platform.Velodyne is considered a stalwart of the automotive-grade lidar industry. Its technology originally helped Google map the world's streets, and its mechanical and solid-state lidar systems are currently at the core of many autonomous vehicles on the road.
Lidar is considered by many to be superior to camera and radar technology at detecting objects in the dark, at long distances, and in all weather conditions. The company believes that the many of the accidents caused by driver error can be avoided if vehicles are
Pretty amazing how David Hall went from building home audio subwoofers to this...
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World moving so fast, IBM needs to be ready to make an acquisition in hoursIBM recently completed its biggest acquisition, the $34 billion deal for open-source software company Red Hat. Deals like that don't happen overnight, but a senior IBM executive says the world of technology is moving so fast that the company does need to be ready to make M&A decisions in hours.
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Billionaire Jollibee Founder’s Net Worth Falls $200 Million After News Of Coffee Chain AcquisitionThe share price of the largest restaurant operator in the Philippines, Jollibee, dropped more on Wednesday than it has in more than two years. oh no
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