Torc Robotics acquiring Montreal-headquartered Algolux

Torc Robotics — an independent Daimler Truck subsidiary that’s developing autonomous vehicles — has signed an agreement to acquire Montreal-headquartered Algolux. Algolux has expertise in computer vision and machine learning. “We’re thrilled to welcome Algolux to the Torc family,” said Peter Vaughan Schmidt, Torc CEO. “Algolux’s technology, at the intersection of deep learning, computer vision, […]

Source: Truck News

Leave a Comment

Your email address will not be published. Required fields are marked *