Benzinga | Jan 6, 2022 07:49AM EST

Ambarella, Seeing Machines Partner Over Occupant, Driver Monitoring System Solutions

* AI vision silicon company Ambarella Inc (NASDAQ:AMBA) collaborated with Seeing Machines Ltd (OTC:SEEMF) to bring integrated Advanced Driver Assistance System (ADAS) and occupant and driver monitoring system (OMS and DMS) solutions to the market.

* The technology combination will bring Seeing Machines' OMS and DMS technology solutions to Ambarella's CV2x CVflow family of edge AI perception systems on chip (SoCs).

* Seeing Machines is an advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety.

* Ambarella's SoCs target standalone and integrated DMS, OMS, and forward-facing ADAS cameras.

* As part of this collaboration, Seeing Machines will enable its embedded Driver Monitoring Engine (e-DME) software to provide a highly optimized, accelerated "back end."

* Price Action: AMBA shares traded higher by 2.78% at $169.99 in the premarket session on the last check Thursday.