Metropolis Expands AI Capabilities: Acquires Oosto in a Landmark $125M Deal!
Parking platform Metropolis is making waves with its bold acquisition of AI vision startup Oosto for $125 million, an all-stock deal. This move paves the way for advanced computer vision integration in Metropolis's parking solutions, potentially revolutionizing drive-through and retail operations. Meanwhile, Oosto faces a stark devaluation from its $380 million investment pool, driven by surveillance controversies and market challenges.
Jan 20