Bosch to acquire Atlatec – Just Auto

Acquisition gives enhance to Bosch engineering perform on SAE Degree 4 methods.

Bosch is to acquire Atlatec GmbH, a company of higher-resolution 3D maps for SAE Degree 3 to 4 automatic driving features.

Based mostly in Karlsruhe, Germany, Atlatec is to grow to be portion of the Bosch Cross-Domain Computing Options division as an independently operated business. Bosch and Atlatec have now signed agreements to this result.

Atlatec was spun off from the Karlsruhe Institute of Technological innovation in 2014 and employs around 25 persons in Germany, Japan, and the United States.

“The prepared acquisition of Atlatec further expands our skills in the area of large-resolution digital maps and will make us even extra diversified. It can make Bosch the only firm that can present its buyers all the required developing blocks of automatic driving – from actuators and sensors to application and maps – from a one source. We are therefore regularly expanding our solid placement in this region,” suggests Dr. Mathias Pillin, president of the Cross-Domain Computing Solutions division.

“In Bosch, we have found the ideal lover for us as we take the next move in growing our electronic mapping abilities even additional,” states Dr. Henning Lategahn, CEO of Atlatec GmbH.

The acquisition price was not disclosed and the acquisition is matter to approval by the antitrust authorities.

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