Monday, July 29, 2019
LiDAR specialist Ibeo Automotive Systems GmbH establishes a U.S. subsidiary to boost its business in the United States
Ibeo Automotive Systems, a LiDAR sensor specialist from Hamburg, has established a wholly owned subsidiary in the United States: Ibeo Automotive USA Inc. in Detroit. Paula Jones, the former director of the Customer Business Unit of Gentherm Inc., was named president and manages the new company. This step allows Ibeo to cater to the growing demand for LiDAR technology in the U.S. and expand its business segment into one of the most important markets for autonomous driving.