EVOMOTIV and VAIVA enter into strategic partnership

As of today, EVOMOTIV and VAIVA – two leading providers of sophisticated development services and products for the automotive industry – are entering into a strategic partnership. Both companies bring years of expertise in the development of advanced assistance systems (ADAS) and driving safety systems, virtual development and the introduction of innovative development methods and tools.

The overarching goal of the partnership is to strengthen and expand existing markets on the one hand and to open up new markets on the other. This includes both new customer segments and industries. The resulting synergies allow us to respond to new technological opportunities and economic developments in the most effective and efficient way. Thus, this long-term, strategically designed cooperation makes a significant contribution to strengthening the competitive position of both companies.

In concrete terms, this means:

• Leverage complementary strengths in the development, validation and virtualization of complex autonomy, ADAS and security systems

• Mutual access to resources and infrastructure at national and international locations

• Joint sales and communication activities to open up new markets outside the automotive industry

• Joint assessment and use of new technologies; Securing the future through bundled innovative strength and building a joint engineering ecosystem

• Developing and commercialising joint products, for example by introducing modern, efficient methods and tools

 We are pleased about this important milestone in our company's history and look forward to a trusting and successful partnership.