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Torc Robotics to acquire Algolux · Endata

◂ Announcements

Feb 28, 2023ACQUISITIONBlacksburg, Virginia, United States

Torc Robotics to acquire Algolux

Torc Robotics, an independent subsidiary of Daimler Truck AG, announced it has signed an agreement to acquire Algolux Inc., a leader in perception for autonomous vehicles. The acquisition includes Algolux's intellectual property in computer vision and machine learning.

Status

Announced

Productsautonomous driving technologycomputer visionmachine learning

CompaniesTorc Robotics acquirer Algolux target

Sectors#Automation and Robotics #Automotive Components

“We're thrilled to welcome Algolux to the Torc family”globenewswire.com

1 source
globenewswire.comTorc Robotics Announces Agreement to Acquire AlgoluxTorc RoboticsFeb 28, 2023

Summarized from public sources; check the original articles before acting on it.

More from Torc Robotics

Dec 5, 2025CONTRACT
Daimler Truck and Torc Robotics select Innoviz as LiDAR supplier
Daimler Truck AG customer Innoviz Technologies supplier act-news.com
Oct 31, 2020PARTNERSHIP
Daimler Trucks and Torc partner with Luminar for automated trucking
Daimler Truck AG partner Torc Robotics partner collisionrepairmag.com caribbeannewsglobal.com
Mar 29, 2019ACQUISITIONUnited States
Daimler Trucks agrees to acquire majority stake in Torc Robotics
Daimler Trucks acquirer Torc Robotics target daimlertruck.com oemoffhighway.com

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