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Alliances & Acquisitions

Ouster announces the launch of OS1 LIDAR and $27 million in Series A funding

ouster-telematicswire

Ouster, a San Francisco-based developer of LIDAR technology emerged from stealth announcing the launch of the company’s new OS1 model LIDAR, and $27 million in Series A funding, led by Cox Enterprises. The OS1 represents a step-change in LIDAR sensing technology that is available on the market today, with marked …

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BlackBerry and Qualcomm collaborate to develop and produce cutting-edge automotive platforms for the next gen connected vehicles

qualcomm-telematicswire

BlackBerry and Qualcomm have announced a strategic collaboration to develop and produce cutting-edge automotive platforms for the next generation of connected vehicles. As a part of the non-exclusive relationship, the companies have agreed to optimize select Qualcomm Technologies’ hardware platforms with BlackBerry’s QNX software for use in virtual cockpit controllers …

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Ford and Alibaba to jointly explore solutions for sustainable mobility and identify new retail opportunities

ford-telematicswire

Ford and Alibaba Group have entered into an agreement to explore a strategic collaboration to jointly identify new opportunities to redefine consumer retail experiences and explore solutions for sustainable mobility. The ‘Letter of Intent’ was signed between the two companies at Alibaba’s headquarter in Hangzhou. Under the three-year agreement, both …

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Octo Telematics completes acquisition of the usage-based insurance assets of Willis Towers Watson

octo-t'wire

Octo Telematics (Octo) has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson announced on 11th October, 2017. This acquisition includes Willis Towers Watson’s market-leading DriveAbility solution and the DriveAbility Marketplace. Octo will form a strategic alliance with Willis Towers Watson, focusing on advancing UBI data …

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Fujitsu and HERE to link their technologies into integrated solutions for advanced mobility services and autonomous cars

HERE-Coyote-t'wire

Fujitsu and HERE Technologies plan to link their respective technologies into powerful integrated solutions for customers developing advanced mobility services and autonomous cars. The two companies have signed an agreement with a view to commencing a long-term strategic partnership that would benefit both companies’ customers. Fujitsu is a system integrator …

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BlackBerry in advanced talks with Jaguar Land Rover on software for autonomous cars

blackberry-t'wire

BlackBerry is in advanced talks with Tata Motors’s Jaguar Land Rover unit to provide the automaker with the software portfolio for building autonomous cars, according to some media reports. If the deal between the two companies is signed JLR would get the access to the Blackberry’s QNX software suite, that …

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Continental acquires Argus Cyber Security

continental-telematicswire

Telematics Wire had reported that Continental was in advanced talks to acquire Argus Cyber Security, now the German company has confirmed through a press release that the company has taken over the Israeli company in order to further strengthen and enhance its capabilities in automotive cyber security. Argus a team …

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Continental is in advanced talks to acquire Argus Cyber Security, say reports

Continental

According to some media reports, Continental is in advanced talks to acquire Argus Cyber Security for about $400 million. Both the companies, however, have not given any statement on these reports. German automotive supplier which is world’s second largest company in this segment is known to make telematics control devices …

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Hyundai America Technical Center, Inc. (HATCI) partners with the American Center for Mobility (ACM) for advancement of CAV technology

ACM-telematicswire

Hyundai America Technical Center, Inc. (HATCI) is entering into a long-term partnership with the American Center for Mobility (ACM) to support the advancement of connected and automated vehicle (CAV) technology. HACTI —one of the founding members with AT&T, Toyota, and Ford— will contribute $5 million to support the creation of …

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Delphi acquires nuTonomy

Delphi_Automated_Drive_Ottomatika_Audi_Coast

Delphi Automotive, high-technology company that integrates safer, greener and more connected solutions for the automotive and transportation sectors, is all set to acquire nuTonomy, an MIT spin-off technology startup company that makes software to build self-driving cars and autonomous mobile robots, for an upfront purchase price of $400 million and earn-outs …

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