VALEO ACQUIRES GESTIGON, A DEVELOPER OF CABIN 3D IMAGE PROCESSING SOFTWARE

Paris, March 13th, 2017 – Valeo has acquired all of the outstanding shares of gestigon, a German start‑up specialized in developing 3D image processing software for the vehicle cabin.

Designed to reinforce Valeo’s technological leadership in automated driving, this acquisition provides a solution to the need to develop simple, intuitive and effective human-machine interfaces (HMI) in a hyper-connected world. With the acquisition, Valeo will be able to develop its cabin comfort and driving assistance operations, particularly in high-growth technologies such as interior cameras and image processing.

These technologies are increasingly a key differentiating factor in the automotive industry, and gestigon’s cutting-edge artificial intelligence-based solutions will contribute to the development of Valeo’s automated driving strategy. The start-up’s software suite, which is compatible with all types of in-vehicle gesture and movement recognition sensors, signals a real technological breakthrough.

Building on Valeo’s existing Driver Monitoring system, which can sense driver drowsiness or distraction, the acquisition will lead to the development of a comprehensive offering of object and occupant detection features. Going forward, the vehicle will be able to analyze the cabin environment and seamlessly adapt to the occupants’ safety needs – by activating airbags, for example.

“We are delighted to welcome gestigon to the Valeo community,” said Marc Vrecko, head of Valeo’s Comfort and Driving Assistance Systems Business Group. “A leader in human-machine interface solutions, this start-up enjoys recognized expertise in the automotive industry. By combining our skills in a larger team, we will sharpen our edge and reinforce our leadership in autonomous and connected cars.”






News from:www.valeo.com
 

2012-2016 global auto parts supporting supplier profiles

From the ranking point of view, nearly five years, Bosch proudly topped the list for five consecutive years, while the Denso Group due to supporting revenue fell nearly 10% in 2015 surpassed by Magna and the mainland, down to the fourth. In contrast, Magna Group has been in the fourth position in 2012-2013, but in 2014 it surpassed the Continental Group and became the third, even rose to the second place in 2015. Meanwhile the Continental Group was wandering back and forth between the third and fourth place.

The ZF Group, which has been ranked ninth from 2012 to 2015, jumped to the fifth place after acquiring TRW in 2016. Valeo ranked 15^th in 2013 and 10^th in 2015, and has been maintained until 2016.

In addition, Yazaki dropped from 10^th place in 2013 to 13^th and 14^th place. BASF also had a big falling from 15^th in 2012 to 19^th place.

Apart from that, the ranks for many other companies didn’t change much. Such as Modern Mobis, Aisin Seiki, Faurecia, Johnson Controls, Lear, Delphi. TRW was acquired by ZF in 2016 so it wasn’t in the rankings.

According to statistics, nearly five years, Germany, Japan and the United States has been among the top 100 enterprises accounted for nearly 70% of the seats, while France, South Korea, Spain and Canada respectively has 3 to 5 companies to be in the finalists.

But with Donald Trump being America’s president, will the import and export strategies change for auto industry? Let’s wait and see what happens.

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