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Smart Eye, a publicly traded Swedish company, said Tuesday this is a cash-and-stock deal. Smart Eye will provide $23.2 million 200 million Swedish kroner in shares and the remaining amount will be paid in cash. iMotions, which employs 63 people, will operate as a standalone company within the Sma nike air jordan rt Eye Group. The company structure and management team will remain in place, according to Smart Eye.The acquisition is notable because it signals growing consolidation within the driver monitoring systems segment, a trend that Smart Eye CEO and founder Martin Krantz confirmed in comments to TechCrunch. We expect to see continued consolidation of DMS vendors due to incre air max 1 ased demand for DMS and interior sensing, which is already ramping up amon nike air max gst OEMs, Krantz told TechCrunch in an email. With regulatory requirements in Europe 鈥?that are sure to follow in other regions of the world 鈥?we believe that nearly all global OEMs will procure their first or second generatio Xpbd AWS adds natural language search service for business intelligence from its data sets
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