Cision PR Newswire | Nexar to acquire Veniam to leverage vehicles as engines of data

August 3, 2022

“Nexar, a leading AI mobility company, today announced that it has entered into an agreement to acquire Veniam, the leading provider of intelligent networking for the internet of moving things. With this acquisition, Nexar will combine vision data – captured and processed from billions of miles of driving – with Veniam’s communications technology at the edge. Together, the companies will exponentially increase the reach and decrease the costs of rich mobility applications and the real time mapping of the physical world.”