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Kneron Acquires Otus In A Move To Accelerate Autonomous Vehicle Applications

PRIVATEApr 12, 2023

Acquiring Company

Kneron

Acquired Company

Otus

San DiegoChicagoInformation TechnologySoftwareManufacturingSoftware

Description

Leading full-stack edge AI company Kneron today announces its acquisition of OTUS, a subsidiary of VIVOTEK (a Delta Group company). OTUS is a camera and imaging solutions provider specializing in applications for automotive, virtual reality, as well as other panoramic scenarios. Over the past two years, the company has worked closely with Kneron to jointly commercialize several automotive applications.

Quick answer

Kneron is acquiring Otus, announced April 12, 2023. Kneron is based in San Diego, California, United States.

How much did Kneron pay for Otus?
The deal value was not disclosed.
What does Kneron do?
Kneron, a leading provider of edge AI solutions, was founded in 2015 at San Diego, US.
Where are Kneron and Otus based?
Kneron is based in San Diego, California, United States. Otus is based in Chicago, Illinois, United States.
Who are the decision-makers at Kneron?
Fundz holds 1 contact at Kneron. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Kneron

Location

San Diego, California, United States

About

Kneron, a leading provider of edge AI solutions, was founded in 2015 at San Diego, US. It is dedicated to design and development of integrated software and hardware edge AI solutions. Barely two years old, Kneron already has partners and customers around the world, and has provided customized solutions for home appliances, surveillance systems, and smartphones to several international companies. Kneron announced the completion of series A financing at over ten million US dollars on November, 2017. Alibaba Entrepreneurs Fund and CDIB Capital Group are the lead investors, and Himax Technologies, Inc., Qualcomm, Thundersoft, Sequoia Capital (its sub funds: Cloudatlas), and CY ZONE are co-investors. Kneron are cooperating with its strategic partners to promote the edge AI technologies and speed up the popularity of AI applications.

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Frequently asked

Who acquired Otus?

Otus was acquired by Kneron, based in San Diego. The deal was reported on April 12, 2023. Kneron, a leading provider of edge AI solutions, was founded in 2015 at San Diego, US. It is dedicated to design and development of integrated software and hardware edge AI solutions. Kneron is privately held and operates in Information Technology.

When did Kneron acquire Otus?

Kneron's acquisition of Otus was reported on April 12, 2023. Leading full-stack edge AI company Kneron today announces its acquisition of OTUS, a subsidiary of VIVOTEK (a Delta Group company). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Otus do?

Otus, an award-winning edtech platform, empowers educators to maximize student performance with comprehensive solutions for K-12 assessment, data, and insights. It is privately held, operating in Manufacturing, and is based in Chicago.

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