San Diego, April 12, 2023 /PRNewswire/ — Kneron, a leading full-stack edge AI company, today announced the acquisition of OTUS, a subsidiary of VIVOTEK, a Delta Group of Companies. OTUS is a camera and imaging solution provider specializing in applications for automotive, virtual reality and other panoramic scenarios. Over the past two years, the company has worked closely with his Kneron to jointly commercialize several automotive applications.
As a vehicle solutions provider, OTUS has experienced significant business expansion over the past few years and strong customer retention due to the rapid growth trajectory of the automotive market. The company offers his ADAS and DMS capabilities such as road object detection and driver behavior monitoring. OTUS serves a roster of customers worldwide, the majority of which currently come from the US and Japanese markets.
While OTUS solutions have become the preferred imaging solution for several well-known Japanese automakers with which we have established long-term partnerships, automotive customers are also increasingly demanding AI-integrated camera capabilities.
According to OTUS CEO Alex Chiu“Over the past few years, OTUS has created multiple SoC solutions with excellent image processing capabilities to meet the needs of automotive customers.However, these solutions do not include AI capabilities. “By integrating Kneron’s edge AI capabilities with OTUS’ advanced image processing solutions, we will create a more complete product line to better serve our automotive customers.”
Prior to the ongoing acquisition, Kneron and OTUS have worked closely together on a full-stack solution that integrates both hardware and software. These solutions provide ADAS and DMS capabilities targeted at automotive customers.
Founder and CEO of Kneron Albert Liu “Through previous collaborations, OTUS has been a valuable partner in advancing Kneron to Tier 1 customers in the Japanese automotive industry. We will continue to work together to expand AI applications in the larger global market. ”
About Neron
Founded in 2015 and based in San Diego, Kneron develops full-stack hardware and software products for AI applications. Kneron’s lightweight, reconfigurable solution solves three key problems facing edge devices running AI: latency, security, and cost, enabling AI everywhere.To date, Kneron has $140 million, Horizons Ventures, Qualcomm, Foxconn and more. For more information about Kneron, please visit http://www.kneron.com/about.php.
About OTUS
Founded in January 2014, OTUS is recognized for its rich experience in designing and manufacturing high-quality video products enabled by core technology of imaging SoC optics, in-house software and hardware, and comprehensive service solutions. OTUS was founded on a mission to provide versatile DV cameras that enrich the user experience. The company is committed to maintaining the highest standards of trust in providing customers with easy-to-use and safe products.
Sauce Neron
