Market Overview

Cisco, NXP Semiconductors Invest in Cohda Wireless

Cisco (NASDAQ: CSCO) and NXP Semiconductors (NASDAQ: NXPI) today announced that they have each made an investment in Cohda Wireless to advance intelligent transportation systems (ITS) and car-to-X communications. Cohda Wireless is a leading specialist in wireless communication for automotive safety applications. Today's announcement brings together the expertise of the three organizations to make the Internet of Everything a reality for the automotive industry, creating a safer and more enjoyable driving experience while improving the traffic flow.

Car-to-Car (C2C) and Car-to-Infrastructure (C2I) communications enable active safety systems that can affect 81 percent* of all crash scenarios, as a result helping to reduce fatalities and injuries on the roads. In addition to improving safety, car-to-infrastructure (C2I) communication holds great potential for intelligent transport system (ITS) management and reducing greenhouse gas emissions from vehicles.

This progress in traffic management and road safety can be realized with the help of applications that warn of hazards such as the potential of a collision ahead, alerting if a nearby vehicle is losing control, or of upcoming traffic congestion, and others -- all enabled by the combined expertise and technologies of the three companies.

By allowing vehicles to reliably interact with each other when travelling at high-speeds, each vehicle can give drivers warnings about potential hazards and allow them to avoid accidents, or even automatically respond to changing driving conditions faster than typical human reaction times. Warnings about traffic blockages ahead also allow early re-routing to avoid traffic congestion.

C2C and C2I communications require highly reliable and secure data exchange between fast moving vehicles and infrastructure in a range of conditions -- from rural highway to dense urban canyons. NXP and Cohda Wireless have built a market-ready, flexible wireless communication solution for onboard-units based on Cohda's existing advanced radio and NXP's market-proven software-defined radio technology. This makes it a key element to connect to Cisco's vision of a ubiquitous and highly-secure Internet of Everything.

Posted-In: News Financing Contracts Global Pre-Market Outlook Tech

 

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