Bosch to accumulate German mapping firm in bid to spice up automated driving growth
Robert Bosch mentioned right now it can purchase 3D-mapping firm Atlatec GmbH because the world’s largest auto provider seems to spice up its growth of automated driving programs.
Atlatec, based mostly in Karlsruhe, Germany, creates high-resolution 3D maps to be used in automobiles outfitted with Degree 3 or Degree 4 automated expertise. The corporate employs 25 folks in Germany, Japan and the U.S., in accordance with Bosch.
Bosch sees digital maps as enjoying a “essential function” within the growth of automated driving, alongside automobile sensors equivalent to radar and cameras.
“The deliberate acquisition of Atlatec additional expands our experience within the area of high-resolution digital maps and makes us much more diversified,” Mathias Pillin, president of cross-domain computing options at Bosch, mentioned in a statement. “It makes Bosch the one firm that may provide its clients all the mandatory constructing blocks of automated driving — from actuators and sensors to software program and maps — from a single supply.”
Auto corporations are more and more wanting towards acquisitions of and partnerships with mapping corporations as they search to develop self-driving automobile programs. Toyota, for instance, purchased U.S. high-tech mapping company Carmera Inc. final yr.
The acquisition is topic to regulatory approval. Bosch declined to reveal how a lot it bought Atlatec for.
Robert Bosch ranks No. 1 on the Automotive News list of the top global suppliers, with annual gross sales to automakers of $46.52 billion in 2020.