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Daimler Truck subsidiary Torc reaches agreement to acquire Algolux for AI-based self-driving perception

Daimler Truck subsidiary Torc Robotics, a pioneer in commercializing self-driving vehicle technology, signed an agreement to acquire Algolux Inc. Torc is acquiring Algolux for its award-winning intellectual property and expertise in the areas of computer vision and machine learning. Algolux perception technology in two views, combining both regular computer vision. ....

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Volvo Group gathers startups for incubation

Volvo Group's CampX has ushered 50 startups through its accelerator. Now it is adding an incubator for early stage startups. ....

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Torc Robotics to acquire Algolux

Torc Robotics, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, has signed an agreement to acquire Algolux Inc. Torc is acquiring Algolux for its award-winning intellectual property and expertise in the areas of computer vision and machine learning. This acquisition brings together Algolux’s. ....

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Torc Robotics Announces Acquisition of Algolux

Torc Robotics, an independent subsidiary of Daimler Truck AG and a pioneer in commercializing self-driving vehicle technology, announced today that it has signed an agreement to acquire Algolux Inc. ....

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Torc Robotics announces agreement to acquire Algolux

BLACKSBURG, Va. Torc Robotics, a self-driving vehicle technology company, has announced an agreement to purchase Algolux Inc. The transaction will ....

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