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Alliances & Acquisitions

India: Unlimit and IBM collaborate to co-create IoT solutions for specific industry verticals

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Unlimit, a business venture of Reliance Group and IBM announced a strategic collaboration that brings together Unlimit’s  industry-specific Internet of Things (IoT) solutions with IBM IoT capabilities to unlock new value for businesses in India. Both the companies will co-create IoT solutions for specific industry verticals including automotive, insurance, utilities, …

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Renault, Nissan and Mitsubishi announce new six year plan, focus on EVs, autonomous drive tech

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Groupe Renault, Nissan Motor and Mitsubishi Motors, the world’s largest automotive alliance have announced a new six-year plan. The alliance as set  the following objectives: More than 9 million vehicles to share four common platforms Proportion of common powertrains to rise from a third to three-quarters of total volumes Additional …

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Mahindra and Ford to work together leveraging their mutual strengths

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Mahindra Group and Ford Motor Company have signed a memorandum of understanding, under which both the companies will be working together leveraging their mutual strengths. Teams from both companies will collaborate and work together for a period of up to three years. Any further strategic cooperation between the two companies …

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Samsung establishes an innovation fund while subsidiary Harman forms strategic business unit dedicated to automotive

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Having secured licenses for on-road testing of autonomous driving software and hardware under development in Korea and California, Samsung is making efforts to cement its place in the automotive space. The company has established a $300-million fund–named as Samsung Automotive Innovation Fund–focussed on connected car and autonomous technologies, smart sensors, …

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Siemens all set to buy self-driving software specialist Tass International

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German industrial group Siemens is all set to buy Dutch self-driving software specialist Tass International, according to some reports. The monetary details have not been disclosed yet. The acquisition will strengthen the Siemens’s automotive business. The company plans to combine Tass’s software with its own advanced simulation products and the …

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Octo Telematics and Agero partner to deliver an integrated crash management solution

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Octo Telematics and Agero have announced a partnership to deliver an integrated crash management solution to enable carriers to more proactively and quickly respond to any crash situation, and will permit insurance carriers to improve First Notice of Loss (FNOL) services and savings. Octo Telematics is a leading global provider of telematics and …

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Domino’s Pizza and Ford collaborate to explore the role that self-driving vehicles in delivering pizza

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Domino’s Pizza and Ford Motor Co. are launching an industry-first collaboration to understand the role that self-driving vehicles can play in pizza delivery. As part of the testing, researchers from both companies will investigate customer reactions to interacting with a self-driving vehicle as a part of their delivery experience.  This …

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Uber in talks with ComfortDelGro about potential strategic alliance

ComfortDelGro is in exclusive talks with Uber about a potential strategic alliance, reports say.  If the companies enter into any kind of alliance it may result in Singapore’s largest taxi operator using the U.S. company’s fleet management and booking software. ComfortDelGro may also make its taxis available to users of …

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FCA to join BMW Group, Intel and Mobileye in developing autonomous driving platform

BMW Group, Intel and Mobileye have signed a memorandum of understanding with Fiat Chrysler Automobiles. FCA will join them in developing a world leading, state-of-the-art autonomous driving platform for global deployment. The development partners intend to leverage each other’s individual strengths, capabilities and resources to enhance the platform’s technology, increase …

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Delphi partners Innoviz Technologies to provide LiDAR solutions for Autonomous Vehicles

Delphi Automotive has signed a commercial partnership agreement with Innoviz Technologies for the mass commercialization of autonomous vehicles. Innoviz Technologies is a leading Israeli-based company developing LiDAR technology. Innoviz’s proprietary LiDAR sensing solutions will be integrated into Delphi’s systems to provide automakers with a comprehensive portfolio of autonomous driving technologies. …

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