NVIDIA Corporation acquired DeepMap, a transaction completed in August 2021.
DeepMap operates in Autonomous vehicles / mapping, is based in United States. DeepMap was a startup building high-definition maps that let autonomous vehicles localize themselves with centimeter-level precision, using continuously updated maps drawn from vehicle sensor data. NVIDIA acquired the company to fold its mapping and localization technology into the NVIDIA DRIVE self-driving platform.
NVIDIA said DeepMap would extend its mapping products, help scale worldwide map operations and deepen its full self-driving expertise within the DRIVE platform.
Proven HD-map and localization technology plus an experienced AV mapping team. Mapping and localization integrated into NVIDIA DRIVE. Joined NVIDIA's automotive / DRIVE organization.
DeepMap is expected to extend our mapping products, help us scale worldwide map operations and expand our full self-driving expertise.Ali Kani, Vice President and General Manager, Automotive, NVIDIA
Advisory firms were not disclosed for this transaction.