Bosch to acquire Atlatec – Just Auto

Acquisition presents raise to Bosch engineering function on SAE Stage 4 answers.

Bosch is to acquire Atlatec GmbH, a company of significant-resolution 3D maps for SAE Stage 3 to 4 automated driving capabilities.

Dependent in Karlsruhe, Germany, Atlatec is to become section of the Bosch Cross-Area Computing Alternatives division as an independently operated corporation. Bosch and Atlatec have now signed agreements to this outcome.

Atlatec was spun off from the Karlsruhe Institute of Engineering in 2014 and employs close to 25 folks in Germany, Japan, and the United States.

“The prepared acquisition of Atlatec further expands our abilities in the field of higher-resolution digital maps and can make us even far more diversified. It helps make Bosch the only firm that can offer you its buyers all the important developing blocks of automated driving – from actuators and sensors to program and maps – from a one supply. We are so regularly expanding our robust situation in this space,” suggests Dr. Mathias Pillin, president of the Cross-Domain Computing Solutions division.

“In Bosch, we have observed the right companion for us as we get the upcoming phase in increasing our electronic mapping experience even even further,” claims Dr. Henning Lategahn, CEO of Atlatec GmbH.

The acquisition price was not disclosed and the acquisition is subject to acceptance by the antitrust authorities.

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