Automotive technology company Indie Semiconductor has concluded an agreement with semiconductor manufacturer Analog Devices to purchase Symeo, its Munich-based automotive radar division, which consists of approximately 35 team members specializing in radar hardware and software development.
“Bringing Analog Devices’ Symeo radar division under the indie umbrella significantly expands our sensor modality capabilities and affirms our commitment to the radar market,” said Donald McClymont, co-founder and CEO of indie Semiconductor.
“Indie is effectively augmenting our highly skilled vision processing, perception and lidar teams in a way designed to enable us to offer distinctive yet affordable solutions to help our customers achieve unprecedented levels of active sensing integration across nearly all classes of vehicles.
“With the addition of this world-class engineering organization, we are accelerating indie’s entry into the radar market and, as a result, we believe we are better positioned to capture billion-dollar strategic programs among global automotive customers.”
