Ford affiliate buys laser firm
Carmaker’s acquisition provides expertise in systems needed for self-driving vehicles.
Ford Motor Co.’s autonomous car software and robotics subsidiary has purchased a laser-detection company.
The move by Ford-controlled Argo AI is another example of automakers and tech companies assembling pieces to develop self-driving vehicles in-house.
Ford announced Friday that Pittsburgh-based Argo had purchased Princeton Lightwave of New Jersey for an undisclosed price. The acquisition gives Argo expertise in laser systems needed to guide cars through challenging conditions such as bad weather.
Princeton was founded in 2000 to develop lasers for the telecommunications industry, Ford said. In 2003, it began work on detection and imaging.
Rival General Motors this month bought Pasadena-based Strobe Inc. to develop the next generation of laser sensors.
Ford is testing self-driving vehicles with the goal of putting one in use by 2021.