Silicon Valley comes to Parma

VisLab, a spin-off of the University of Parma, Italy, has been acquired by US image processing systems developer Ambarella for US$30 million. VisLab, founded in 2009 and managed by Alberto Broggi, professor of the Department of Information Engineering, specialises in computer vision software, particularly for automotive applications. The company has won several awards for its research and for its challenges such as the 15,000 kilometres autonomous vehicle driving test from Parma to Shanghai in 2010.
July 13, 2015 Read time: 2 mins
7085 VisLab, a spin-off of the University of Parma, Italy, has been acquired by US image processing systems developer Ambarella for US$30 million.

VisLab, founded in 2009 and managed by Alberto Broggi, professor of the Department of Information Engineering, specialises in computer vision software, particularly for automotive applications. The company has won several awards for its research and for its challenges such as the 15,000 kilometres autonomous vehicle driving test from Parma to Shanghai in 2010.
 
In 2014, VisLab developed DEEVA, the latest prototype equipped with sensors and video cameras capable of perceiving and interpreting real time movements and objects around it and consequently deciding autonomously where to move at which speed.

VisLab believes the commercialisation of such technologies will revolutionise road transportation and will especially help increase road safety by reducing accidents caused by the human factor, or driver distraction and irresponsible attitudes

As part of the acquisition, VisLab and its research team will remain in Italy.

“We have constantly improved our technology through a series of road tests, such as the 2013 tour of Parma (from the University Campus to Piazzale della Pilotta) made by an autonomous self-driving vehicle without any human intervention,” says Professor Broggi. “Now, we are ready for industrialisation.”

“Computer vision is an area of significant focus for Ambarella and for our market,” says Fermi Wang, CEO of Ambarella. “It is very important for us to work in synergy with the University of Parma, where VisLab has been developed”.
Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • US market for ANPR will double in five years
    January 26, 2012
    While suppliers of automatic number plate recognition (ANPR) in the UK endure a stagnant market and budget cuts, growth opportunities in the US continue to ramp up.
    Read More
  • Is road user charging the first stop for congestion management?
    July 23, 2012
    David Hytch, Information Systems Director at the Greater Manchester Public Transport Executive, considers just where congestion pricing schemes should sit in transport planners' hierarchy of options for managing demand. On the face of it, Greater Manchester in England's proposed congestion charging scheme hit just about every sweet spot possible when it came to convincing the general public of the need for and benefits of such a venture. There was the promise from national government of almost £3bn-worth of
    Read More
  • Weighing up the future with AI
    April 14, 2022
    There is broad agreement that artificial intelligence will be an important part of Weigh in Motion as we go forward – but Adam Hill finds that not everyone agrees quite how close we are to that point
    Read More
  • Intelligent vehicle insurance launches in the UK
    April 25, 2012
    Ctrack is launching a telematics solution for vehicle insurers in the UK to rate how, when, where and by whom a vehicle is driven. The company, a leading provider of vehicle tracking solutions in the UK, says that Ctrack Intelligent Insurance offers providers an alternative means of determining individual vehicle premiums, following a ruling by the European Court of Justice in March this year that prevents gender being taken into account as a risk factor.
    Read More

Highlighted Content