PreAct Technologies Acquires Gestoos AI Platform
PORTLAND, Ore., Jan. 11, 2023 /PRNewswire/ -- PreAct Technologies, the market leader in near-field software-definable flash LiDAR technology, today announced that it has entered into an agreement to acquire Barcelona-based Gestoos, makers of a unique software platform that enables users with no specialized training to quickly generate AI algorithms that address their use cases. The acquisition reinforces PreAct's leadership in providing the highest performing sensor solutions for automotive, trucking, robotics and other industrial applications.
- "By marrying a powerful AI algorithm development platform with our best-in-class flash Lidar, we have created a unique environment for our customers to quickly solve difficult use cases.
- This is a real problem given the changing regulatory environment requiring accurate and stable cabin monitoring," said Paul Drysch, CEO of PreAct Technologies.
- "The Gestoos AI development platform comes pre-integrated with our flash Lidar solution and a development environment making AI training tractable by our customers' own engineers with minimal hand holding.
- The Gestoos AI development platform is built from the ground up to make AI development approachable.