Indie Semiconductor to acquire GEO Semiconductor

indie Semiconductor announced it has entered a definitive agreement to purchase GEO Semiconductor, Inc., a market leader in video processors for automotive cameras. Acquisition of GEO, a private fabless semiconductor supplier, adds immediate scale to indie’s Image Processing program and enables true sensor fusion of Radar, LiDAR, Ultrasound and Computer Vision solutions in advanced driver-assistance systems applications. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions.