POET Technologies Inc.

in response to disco68's message

many thanks disco - me too - please

Mobileye Technology
The firm's technology is based on the use of optical vision systems with motion detection algorithms, unlike many other systems which use a combination of visual detection, radar, and laser scanning. The firm's vehicle detection algorithms recognize motorised vehicles such as cars, motorcycles and trucks, in day and night time conditions.[citation needed] The firm's version performs its vehicle detection based functions using a single camera mounted in the rear view mirror, unlike the usual approach of using radars, laser scanners or in some cases stereo-cameras.[26]


A MobileEye EyeQ2 chip used in a Hyundai Lane Guidance camera module.


Mobileye Investments
Between 2007 and 2011 the company raised $160 million. In 2013 the company sold 25% of its private shares for $400 million to a group of blue-chip investors.[32][33][34]

Mobileye the sale of a 25% stake in the company to a group of blue-chip investors, for $400 million.
The sale values the company at more than $1.5 billion before the money, making it the biggest-ever private equity investment ever in Israel's high-tech sector. The investors are money management firms BlackRock, Fidelity Management and Wellington Management; a Chinese investment firm, Sailing Capital; and Enterprise Rent-A-Car, the closely held rent-a- car company

Cheers

Links:
https://en.wikipedia.org/wiki/Mobileye

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oz4m2
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POET Technologies Inc.
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