AliceIntel has announced that it has acquired Yogitech S.p.A, an IoT company basted in Italy specialising in semiconductor functional safety and related standards.
The company will join Intel’s Internet of Things Group, furthering its efforts to conquer the Advanced Driver Assistance Systems (ADAS), robotics and autonomous machine markets for market segments like automotive, industrial and other IoT systems that require functional safety and high performance.
Intel has made this move as it considers ADAS to be one of the fastest-growing segments in automotive electronics, making features like assisted parking possible, whilst paving the way for fully autonomous vehicles in the not-so-distant future.
As IT systems increasingly merge with operational systems in buildings, factories, vehicles (and more), functional safety is becoming important for a wide range of IoT market opportunities. By Intel’s own estimates, 30% of the IoT market segment will require functional safety by 2020.
For years, Intel has been providing IoT systems that allow people and businesses to make better-informed decisions. The industry is now moving from automating data to inform better decisions, to automating actions informed by real-time data.
This evolution can be seen in the current autonomous vehicle prototypes, which nearly all have Intel inside. Functional safety is a requirement for these and other IoT customers.
“We see the combination of high performance and functional safety as a natural evolution of Intel’s IoT platform and strategy,” says Intel. “We’re excited to welcome the Yogitech team to Intel. While we’re not ready to share product roadmap details yet, this team and technology will take our autonomous systems efforts to the next level.”