Established as a neural network research partnership in 1975, Nestor, Inc. (NASDAQ : NEST) was founded by Brown University physics professors, Dr. Leon Cooper, a Nobel Prize winning physicist, and Dr. Charles Elbaum. Incorporated in 1983, Nestor is a pioneer in the commercial application of neural network technology and holds over 30 patents worldwide.

Founded in 1997, Nestor Traffic Systems, Inc., a wholly-owned subsidiary of Nestor, Inc. headquartered in Providence, RI, is an emerging leader in providing innovative, video-based monitoring systems and services for traffic management and safety.