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Announced

Completed

Kudan completed the acquisition of a 12% stake in Artisense.

Synopsis

Kudan, a computer software company, completed the acquisition of a 12% stake in Artisense, an automotive tech company. Financial terms were not disclosed. "In order to capture the growing markets through investment and acquisition, we have been investigating all companies worldwide who claim they are developing SLAM. However, there is only one company who actually has the true technology: Artisense, backed by a world-class Computer Vision / Artificial Intelligence research team. We believe that Kudan and Artisense will be the powerhouse leading core computer vision algorithms in the industry, penetrating the technologies for all future solutions," Tomo Ohno, Kudan Managing Director.

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