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Alliances & Acquisitions

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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Continental and China Unicom Smart Connection formed joint venture – Unicom Continental Intelligent Transportation Technology

UCIT-telematicswire

The technology company Continental and China Unicom Smart Connection, a fully owned subsidiary of China Unicom, unveiled the newly formed joint venture – Unicom Continental Intelligent Transportation Technology (Shanghai) Co., Ltd. The company is jointly invested by Continental and China Unicom Smart Connection with an equal 50 percent share and …

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GENIVI Alliance working on Vehicle Domain Interaction Strategy

GENIVI-T'wire

The GENIVI Alliance is working on a Vehicle Domain Interaction Strategy focused on developing open standard interfaces and code that will define the necessary paths bridging multiple car software domains. The new GENIVI Vehicle Domain Interaction Strategy is primarily based on a key market trend of system on a chip …

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Daimler Mobility Services acquires German ride sharing startup, flinc

Daimler-flinc-telematicswire

Daimler Mobility Services has announced the full acquisition of the Darmstadt-based flinc GmbH. flinc is the leading provider of door-to-door ridesharing for short- and medium-haul routes. The start-up launched the flinc platform for short-distance carpooling in 2011. Today, around half a million customers are registered with the platform. As the …

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Mazda, Denso, and Toyota agree to establish a new company dedicated to EVs

mazda-denso-toyota-telematicswire

Mazda, Denso, and Toyota will jointly develop basic structural technologies for electric vehicles according to a contract signed by the three companies. A new company consisting of selected engineers from the three companies, will also be established to ensure the efficient implementation of the joint technological development projects. The new company …

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NXP Semiconductors in talks with Baidu on a partnership to promote self-driving technology

Baidu-T'wire

NXP Semiconductors is in talks with Baidu on a partnership to promote self-driving technology, according to a report by ChinaDaily. The automotive market in China is expanding rapidly and has surpassed the US market to become the largest. The technological advancements in the country have given a boost to the electric …

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