Road safety app developer iOnRoad Technologies Ltd. has been acquired by Harman International Industries, one of the world’s largest vehicle media and navigation systems companies. Although the size of the deal was not revealed, it was reportedly for a few million dollars. iOnRoad, which was founded in 2011, has developed an app which uses the forward camera of a driver’s smartphone and augmented reality technology to detect vehicles that are too close to the car, and warn the driver of the danger. The app can also identify the road’s boundaries to prevent the driver from leaving the road.
To read more about iOnRoad and the acquisition, click here.
For more information about Israeli automotive innovations, please refer to the Michigan-Israel Automotive Event the Government of Israel Mission to the Midwest organized in June of 2012. During the five day delegation, Israeli companies had the opportunity to present their innovative solutions to more than 15 of the world’s leading automotive firms. To learn more about the delegation and for other information about the Israel automotive industry, contact Ari Rokni.
Israeli Inventor Gaining Attention for Cardboard Bicycle Israeli inventor Izhar Gafni’s cardboard bicycle has been gaining much attention around the world, including this article in the Chicago Tribune. TheRead More
June 29, 2012, category: Automotive
Delegation of 18 Israeli Companies Spend Week at Ford, Chrysler, and Other Automitive Companies in Michigan Last week, 18 of Israel’s leading automotive companies were in Michigan for the Michigan-Israel Automotive Event. The fiveRead More
Mobileye is a Jerusalem based company that is working make driving safer. The company develops technologies for image-processing, used in cars to help with vehicle safety. The technology essentially acts to assistRead More
June, 2012, Detroit, MIThis June, the Government of Israel Economic Mission, together with the Michigan Israel Business Bridge (MIBB) will be hosting The Michigan-Israel Auto Event. Approximately 15 Israeli automotive technology companiesRead More
Profal manufactures semi-finished and finished products made of aluminum. Profal sell its products to a variety of industries, all of whom use aluminum extrusions as raw materials for their products. Some of the industries includeRead More