You are using an older browser version. Please use a supported version for the best MSN experience.

Intel acquires Italy’s Yogitech to improve functional safety of autonomous cars, IoT systems

TechCrunch TechCrunch 5/04/2016 Ingrid Lunden

The concept of the Internet of Things is getting a big boost from emerging industries like autonomous cars and robotics, and today Intel announced an acquisition that could help it make sure that its own developments and products in this market are fault-free: it is acquiring Yogitech, a small company based out of Italy that works on functional safety for semiconductors.

Terms of the deal are not being disclosed. Yogitech is not your typical startup. Founded in 2000, it had raised less than $3 million, and its investors included the chamber of commerce of Pisa. Intel has confirmed to me that it was not an investor itself. Yogitech works directly with chipmakers like Infineon and it’s not clear right now how the acquisition will affect those relationships.

“Functional safety” may not sound like the sexiest aspect of self-driving vehicles and and other kinds of robots that will do our bidding, but it’s one of the more essential ones. What Yogitech (and companies like it do) is make sure that the very processors that are running these systems work as they should, and alert us humans accurately and in real time when they do not. Getting this aspect of the business right will be essential in getting these services off the ground and accepted by the wider public.

Yogitech will become a part of Intel’s IoT group. Intel is not spelling out exactly how its tech will be implemented but Ken Caviasca, VP and GM of platform engineering and development in the Internet of Things Group at Intel, underscores that the sort of problems that Yogitech is solving are those that Intel is trying to address right now:

“For years, Intel has been providing high-performance, IoT systems that allow people and businesses to make better-informed decisions,” he writes. The industry is now moving from automating data to inform better decisions, to automating actions informed by real-time data. You can see this evolution in the autonomous vehicle prototypes that nearly all have Intel inside. Functional safety is a requirement for these and other IoT customers. We see the combination of high performance and functional safety as a natural evolution of Intel’s IoT platform and strategy.”

More to come.

More from TechCrunch

image beaconimage beaconimage beacon