The self-driving car is certainly the future of the automotive sector; Intel also understood this, having recently purchased an Italian company to develop this project.
Intel has indeed purchased yogitech, as the Santa Clara (California) company itself announced on the official blog: “For years, Intel has been producing high-performance IoT systems that allow people and companies to make more informed decisions. The industry is shifting right now from automation of data for better information to support decisions and automation of informed actions from real-time data”.
The economic details of the agreement have not been disclosed, but it is a project to be cataloged in the development of Intel's Internet of Things and automotive area. Yogitech is one investee company from Atlante Ventures; following the acquisition, the Italian team becomes part of the Intel group.
Yogitech was born in Pisa in 2000, and has since become a company very well known in the specialized environments for the development of hardware and software solutions capable of improving the security of electronic devices. Any examples? Braking systems, airbags and other electronic safety devices. Thanks to the purchase, Intel is convinced of strengthen further in advanced assisted driving systems, robotics and other Internet of Things systems.