Stratulat Albulescu has advised Tobii on the acquisition of the AutoSense and Imaging businesses from Xperi.
Tobii focuses on machine learning, artificial intelligence, and advanced signal processing. Its technologies and solutions apply to areas such as behavioral studies and research, healthcare, education and training, gaming, extended reality, automotive, and more. Headquartered in Sweden, Tobii is listed on Nasdaq Stockholm.
Xperi is an American multinational technology company headquartered in San Jose, California, that develops software solutions for consumer electronics and connected cars, as well as media platform solutions for video service over broadband.
According to Stratulat Albulescu, "the acquisition brings together the capabilities of Tobii and AutoSense enabling Tobii to deliver one of the strongest product offerings in the Automotive Interior Sensing market. The transaction also brings a set of significant customer design wins. It is expected that the transaction will unlock both significant cost and scalability synergies by reducing overlapping investments and reusing technologies into other verticals."
The Stratulat Albulescu team included Managing Partner Silviu Stratulat, Partner Cristina Man, Managing Associates Adrian Hlistei-Muresan and Anca Ulea, and Associate Adriana Ion.
Stratulat Albulescu was unable to provide further information on the matter.