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Ambarella to Acquire Oculii; Radar Perception AI Algorithm Global Leader

Ambarella to Acquire Oculii; Radar Perception AI Algorithm Global Leader

SANTA CLARA, Calif., Oct. 26 (Korea Bizwire) – Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced it has entered into a definitive agreement to acquire Ohio-based Oculii Corporation (“Oculii”). Oculii’s adaptive AI software algorithms are designed to enable radar perception using current production radar chips to achieve significantly higher (up to 100X) resolution, longer range and [...]