Algolux - Ownership and Business Overview

SoftwareCompany

Algolux Ownership

Who owns Algolux?

Algolux is owned by TORC Robotics. It was acquired on February 28, 2023.

Algolux Business Overview

Where is Algolux headquartered?

Algolux is headquartered in Montréal, Quebec.

What sector is Algolux in?

Algolux is a software company.

When was Algolux founded?

Algolux was founded in 2015.

Software M&A Summary in 2023

Out of 60 sectors in the Mergr database, software ranked 3 in number of deals in 2023. The largest software acquisition in 2023 was Splunk - which was acquired by Cisco Systems for $28.0B.

Join Mergr to view all 467 acquisitions of software companies in 2023, including 47 acquisitions by private equity firms, and 420 by strategics.

Algolux

Algolux, Inc.

1751 Richardson, Suite 4.400,
Montréal, Quebec H3K 1G6
Canada,
(877) 424-9107
www.algolux.com

Algolux is a computer vision company addressing the critical issue of safety for advanced driver assistance systems and autonomous vehicles. Algolux machine-learning tools and embedded AI software products enable existing and new camera designs to achieve industry-leading vision performance across all driving conditions. Algolux was founded in 2015 and is based in Montréal, Quebec.


Company Summary

SECTOR

Software

Established

2015

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