Renesas completes acquisition of Steradian
Summary
Headquartered in Bengaluru, India, Steradian is a start-up founded in 2016 and provides radar solutions that enable highly accurate object recognition and power efficiency in a small chip. The combination of Steradian’s leading-edge radar technology and engineering talent will boost Renesas’ sensing solution offerings in a wide array of applications including industrial systems. Renesas will bring together the best possible device combination and software to meet the growing demand for sensor technology solutions and continue to make engineers’ design work easier. With the advancements of ADAS (Advanced Driver Assistance Systems) in the automotive market, automotive sensor fusion demand is growing to allow precise and accurate object detection of vehicles’ surroundings by combining data from multiple sensors, such as cameras, radar and LiDAR (Light Detection and Ranging). Radar, in particular, accurately detects objects over long distances, day or night, even during harsh weather or other adverse environmental conditions.