Mexican Media Brands
Japan-Backed Mapping Startup to Buy Detroit-Based Ushr
Dynamic Map Platform Co. Ltd., a 30-month-old map platform developer backed by Japanese carmakers, has agreed to buy Detroit-based rival startup Ushr Inc.
Share
Dynamic Map Platform Co. Ltd., a 30-month-old map platform developer backed by Japanese carmakers, has agreed to buy Detroit-based rival startup Ushr Inc.
Neither company has offered details about the purchase. But The Nikkei says Ushr is valued at about 20 billion yen ($181 million). High-definition maps are considered a critical enabler for self-driving cars.
DMP is funded in part by Daihatsu, Hino, Honda, Isuzu, Mazda, Mitsubishi Motors, Nissan, Suzuki and Toyota. The company’s aim is to develop a single platform to help accelerate the development of advanced mapping products.
Ushr has created detailed 3D maps (above) that are designed to help autonomous vehicle navigate their surroundings. The company supplies General Motors Co. with high-def maps of Canada and the U.S. that support the carmaker’s Super Cruise hands-free driving system.
RELATED CONTENT
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
