Valeo acquires a 50% stake in CloudMade
10 November 2016
Valeo has acquired a 50% stake in CloudMade, a developer of smart and innovative big data-driven automotive solutions such as a machine-learning platform. The purpose is to improve and to personalize vehicle comfort and safety for motorists and their passengers.
CloudMade is a pioneering start-up in machine learning and artificial intelligence, with a focus on designing applications for the car industry.
Valeo said that its expertise in the technologies required to develop driving assistance applications (sensors, cameras and laser scanners) as well as connectivity, human-machine interface and thermal climate control solutions, combined with CloudMade’s command of big data processing, artificial intelligence and predictive engines, will allow CloudMade to provide its carmaker customers with solutions to continuously adapt driving assistance functions to the profile of each individual driver.
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