VECTOR Informatik GmbH acquires EYYES GmbH
Stuttgart (DE) / Gedersdorf (AT): The software specialist VECTOR Informatik, based in Stuttgart, is acquiring most of the shares in EYYES GmbH.
EYYES will continue its business activities independently in the future.
“With the acquisition of the majority of the AI specialist EYYES, VECTOR is participating in a strategically interesting and innovative company in the field of driver assistance systems for rail and commercial vehicles. We particularly see significant synergies in the technological environment,” explains VECTOR CEO Thomas Riegraf.
“This strategic partnership with VECTOR as the new majority owner ensures that we are perceived as a future-oriented partner for large and series projects with OEMs and Tier-1s and can successfully continue our growth path,” emphasizes Dipl. Ing. Johannes Traxler, founder and CEO of EYYES.
With over 35 years of experience, VECTOR is a competent partner in electronics and software development for embedded systems. With 33 locations worldwide, more than 4,000 employees support customers with a professional platform of tools, software components, and services for the development of embedded systems. VECTOR’s broad product range enables comprehensive testing at the system, functional, and code levels of distributed embedded systems.
With 28 employees, EYYES currently employs AI experts in Austria and Germany (Gedersdorf near Krems/Donau, in Aachen and Freital). EYYES is a pioneer in the field of driver assistance functions and traffic perception with artificial intelligence based on camera sensor technology. EYYES offers warning systems with patented technology for front collision, approach, reversing, collision and turn-off warning as assistance systems. The products are used in the rail sector for trams, in the automotive sector for commercial vehicles and construction machinery and in traffic.
For rail and commercial vehicles, EYYES offers customized solutions for various types of vehicles. The intelligent sensors are also used in stationary cameras, such as for the improved control of traffic lights with integrated automatic recognition of wheelchair users. Additionally, EYYES is involved in various research projects on the use of Artificial Intelligence in traffic to make the world safer with AI.
PRESS CONTACT
EYYES GmbH, Im Wirtschaftspark 4, 3494 Gedersdorf
Dr. Wolfgang Domann
Tel. +43 664 88110000
Mail: wolfgang.domann@eyyes.com
Web: www.eyyes.com
Vector Informatik GmbH, Ingersheimer Straße 24, 70499 Stuttgart
Heike Schmidt
Tel. +49 711 80670-5356
Mail: heike.schmidt@vector.com
Web: www.vector.com
About EYYES
EYYES (formerly AVI Systems), headquartered in Gedersdorf near Krems, is a pioneer in the field of customized hardware and software developments of highly secure systems for traffic and industry. From simulation, prototype phase to serial production – the EYYES research and development team is the guarantor for flexible and perfect Safe Artificial Intelligence solutions. Founded in 2013, the company operates at three locations in Austria (Krems) and Germany (Aachen and Freital) with a total of more than 30 employees. For the intelligent, functionally safe sensor solutions for highly technical mobility and industrial solutions, EYYES cooperates with top international research institutes such as AIT, Software Competence Center Hagenberg and Fraunhofer Institute.
Contact
EYYES GmbH
Wolfgang Domann
Managing Director
Im Wirtschaftspark 4
3494 Gedersdorf
Phone.: +43 (0)2735 37499-10
Mail: wolfgang.domann@eyyes.com
Copyrights
Photos and other visual material
All images can be downloaded. The copyright for the content of the photo archive is held by EYYES GmbH, Gedersdorf or the authors listed. All rights are reserved. The contents of the photo archive such as images, audio and video clips may not be modified, but may be downloaded for media purposes and exclusively private use. For any commercial use, prior written permission from EYYES GmbH is required. For commercial use, please contact the press department of EYYES GmbH (see press contact). By downloading and using the images and other materials, the user automatically accepts the above conditions.
