Valeo has acquired gesture tracking software provider Gestigon, providing an exit to corporate venturing vehicle Vorwerk Ventures.
Gestigon, a Germany-based gesture tracking software developer backed by direct selling group Vorwerk, was acquired by automotive supplier Valeo on Monday for an undisclosed sum.
Gestigon, spun out of Lübeck University in 2011, has developed artificial intelligence software that captures data from 3D sensors to track human gestures and recognise body movements.
The technology will be integrated with Valeo’s driver monitoring system, which is capable, for example, of sensing drowsiness or distraction and taking appropriate measures to guarantee driver and…
