Strengthens Avis Budget Group’s resolve to achieve full fleet connectivity Expands secure and seamless vehicle access to more markets in the United States; introduces service in Europe PARSIPPANY, N.J. and SAN JOSE, January 7, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) and Continental today announced that they have expanded their partnership. Under the enhanced… Continue reading Avis Budget Group and Continental Expand Collaboration to Offer Connected, On-Demand, Keyless Experience
Tag: M and A
GM partners with EVgo, ChargePoint and Greenlots to improve its EV charging solution
GM announced today that it is partnering with EVgo, ChargePoint and Greenlots, three of the biggest charging networks in the US, in order to improve its electric vehicle charging solution for customers. While companies like Tesla are building their own charging networks to specifically cater to their own vehicles, several other automakers rely on third-party… Continue reading GM partners with EVgo, ChargePoint and Greenlots to improve its EV charging solution
Toyota recalls 1.7 million vehicles worldwide over air bag inflators
Toyota Motor Corp’s logo is pictured on a car in Tokyo, Japan, November 8, 2016. REUTERS/Kim Kyung-Hoon WASHINGTON (Reuters) – Toyota Motor Corp (7203.T) said Wednesday it is recalling another 1.7 million vehicles worldwide for potentially faulty Takata air bag inflators as part of a multi-year industry recall campaign announced in 2016. Automakers are adding… Continue reading Toyota recalls 1.7 million vehicles worldwide over air bag inflators
Hella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous Driving
Cooperation Focus in the Field of LiDAR Sensor and iDAR System Development
First results will be already demonstrated at CES 2019 in Las Vegas
“HELLA is an ideal strategic partner for AEye as we look to ramp production capabilities to meet the demand of our OEM partners. HELLA has an excellent track record working with automotive OEMs, and I anticipate great synergies as we look to roll out next generation perception capabilities that meet their needs both today, and in the future.”
Lippstadt / Las Vegas, January 8, 2019 – HELLA, one of the world’s leading automotive suppliers for lighting and electronics, and AEye, a world leader in artificial perception systems and the developer of iDAR™, seek to extend their strategic partnership to deliver customized sensing and perception solutions for ADAS Automated Driving (AD) based on AEye’s iDAR technology. Both parties will combine their complementary know-how and capabilities in their respective domains.
AEye’s iDAR artificial perception system leads the industry in range and scan rate performance for automotive-grade LiDAR. iDAR is a new form of intelligent data collection that fuses 1550 nanometer (nm), solid-state agile LiDAR with a low-light HD camera and embedded AI to intelligently capture data at the sensor level. HELLA will bring in its high competence in the field of embedded software and image processing as well as its automotive experience and industrialization capabilities along the entire supply chain to leverage and extend this platform. This joint development effort will bring best-in-class Level 3 ADAS solutions to global automotive OEMs. AEye and HELLA will be demonstrating first results of their already existing cooperation at CES 2019 in Las Vegas, January 8th to 11th, 2019 (Booth #2100, Westgate Convention Center).
“HELLA is an ideal strategic partner for AEye as we look to ramp production capabilities to meet the demand of our OEM partners,” said Blair LaCorte, President of AEye. “HELLA has an excellent track record working with automotive OEMs, and I anticipate great synergies as we look to roll out next generation perception capabilities that meet their needs both today, and in the future.”
Frank Petznick, responsible for Automated Driving at HELLA, says: “HELLA is actively promoting the trend towards AD. The collaboration with AEye will provide us with additional opportunities to catalyze new functionality for ADAS and AD solutions that will redefine performance.”
In December, Hella Ventures became a major shareholder of AEye as part of its $40M Series B round of financing. The first joint development project will start immediately, with the objective of a SOP in 2022.
For more information about AEye and Hella’s partnership, please visit AEye’s CES Booth #2100 at the Westgate Convention Center in Las Vegas.
About HELLA GmbH & Co. KGaA, Lippstadt
HELLA is a global, family-owned company, listed on the stock exchange, with more than 40,000 employees at over 125 locations in some 35 countries. The HELLA Group develops and manufactures products for lighting technology and electronics for the automotive industry and also has one of the largest retail organizations for automotive parts, accessories, diagnostics, and services within Europe. With more than 7,000 people working in research and development, HELLA is one of the most important innovation drivers on the market. Furthermore, with sales of € 7.1 billion in the fiscal year of 2017/2018, the HELLA Group is one of the top 40 automotive parts suppliers in the world and one of the 100 largest German industrial companies.
About AEye
AEye is an artificial perception pioneer and creator of iDAR™, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Taiwania Capital, Intel Capital, & Airbus Ventures.
For additional information please contact:
Dr. Markus Richter
Company spokesman
HELLA GmbH & Co. KGaA
Rixbecker Straße 75
59552 Lippstadt, Germany
Germany
Phone: +49 2941 38-7545
Fax: +49 2941 38-477545
[email protected]
www.hella.com
AEye Media Contact
AEye, Inc.
Jennifer Deitsch
[email protected]
925-400-4366
Hella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous Driving — LG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye Announces Industry Leading Family of Perception Sensors for ADAS SolutionsAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKAEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI TechnologyAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AEye Introduces Advanced Mobility Product for the Autonomous Vehicle MarketGartner Names AEye Cool Vendor in AI for Computer VisionThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is Ruthless
Education Award: Making the Volkswagen workforce fit for the future
Team “E-Mobility Training Center with E-Motion Room” at the Volkswagen factory in Zwickau The Volkswagen Group has presented the Education Award to five outstanding education projects. An international jury comprising over 100 members selected the best projects in the categories of digital learning formats in vocational training, digital learning formats in further education, technical transformation… Continue reading Education Award: Making the Volkswagen workforce fit for the future
One-step Plug&Charge coming to (Electrify) America
Chevrolet Bolt charging at Electrify America 350 kw charger at Home Depot in Chicopee, Mass.
It's easy to plug in an electric car. What trips up many new electric-car drivers is paying to charge.
At some charging stations, drivers pay by the kilowatt-hour. At others, they pay for the time they park their car in the space, or pay a base rate for parking plus a smaller amount for the charge. Some charging stations take credit cards. Others can only be activated with a special RFID tag associated with an account on a particular network.
Electrify America thinks it has a better way. It calls it Plug&Charge.
READ THIS: Blink charging network joins interoperability push
In partnership with European charging systems integrator Hubject, Electrify America is enabling Plug&Charge on all its public charging stations in the U.S.
It makes public chargers—both standard Level 2 chargers and Level 3 DC fast chargers—work like the home chargers that most electric-car drivers have in their garages: Just plug in the power cord and it starts charging.
Expanded communication between the car and the charger—already taking place for safety reasons—transmits payment information as well as details about the car, its battery, and such information as when the driver needs the car to be fully charged for a return trip.
DON'T MISS: California approves next Electrify America fast-charge rollout
The communications are based on an international standard known as ISO 15118, which is considered the first step in enabling vehicle-to-grid communication. V2G is expected to allow drivers to set parameters such as prices at which they want to charge and what sources of power they wish to purchase, for example, such as solar, all renewables, or any type of power. (This could work similarly to distributed energy suppliers in people's homes.)
Drivers store whatever payment information they plan to use, such as a credit card number in their car's communication system or link the car to a universal payment app.
CHECK OUT: ChargePoint users can now access networks in Canada, Europe
V2G is expected eventually to allow charged (and even partially charged) electric cars to return power to the power grid to help supply peak loads. This is expected to help reduce demand for power from electric utilities and help them become more efficient.
So far, few electric cars on the road today are compliant with ISO 15118, but more models are coming that will have this capability built in. More cars are coming, however, and Hubject, Electrify America, and other charging station operators want to be ready.
Electrify America says it will have 2,000 charging locations ready to work with Plug&Charge by the end of 2019.
Leading manufacturing ERP software company IQMS acquired by Dassault Systèmes for $425 million
VELIZY-VILLACOUBLAY, 09-Jan-2019 — /EuropaWire/ — Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today announced the completion of the acquisition of IQMS, a leading manufacturing ERP software company, for $425 million. With the acquisition of the California-based IQMS, Dassault Systèmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.
By integrating IQMS’s solutions into the 3DEXPERIENCE platform on the cloud, Dassault Systèmes will provide these manufacturers with an affordable system for operations that improves the collaboration, manufacturing efficiency and business agility needed to serve their customers successfully. The manufacturers – many of them SOLIDWORKS users – also gain the flexibility to rapidly scale-up as a business grows. In parallel, these manufacturers can engage in new business opportunities and create value by supplying their manufacturing know-how and services to a large community of designers and engineers in Dassault Systèmes’ 3DEXPERIENCE Marketplace – the world’s largest virtual factory.
Dassault Systèmes’ 3DEXPERIENCE platform to become the business operations platform for small and midsized manufacturers seeking digital transformation in today’s Industry Renaissance.
In the context of the Industry Renaissance – the convergence of a diverse and powerful collection of digital technologies that is transforming every aspect of industrial business – the world’s 250,000 small and midsized manufacturers must adopt and optimize new ways of producing and doing business through digital transformation in order to innovate and accelerate their growth in an increasingly competitive, global marketplace.
“We must no longer think of industry as a set of means of production, but as a process of value creation. This applies not only to disruptive startups and established corporations, but also to the hundreds of thousands of mainstream manufacturers that produce parts integral to the development of new consumer experiences. In that context, we are creating ‘3DEXPERIENCE@WORKS’: a new family of business applications based on the 3DEXPERIENCE platform for the mainstream market. The IQMS Manufacturing ERP portfolio rebranded as DELMIA WORKS is part of this new business applications family to serve the mainstream manufacturers,” said Bernard Charlès, Vice Chairman and CEO, Dassault Systèmes.
“Given my experience with manufacturing, finance and industry investments, I’m very excited about the future for IQMS and our relationship. This merger represents a turning point in technology for IQMS; the opportunity is immense. Companies like KKSP and all of IQMS’ manufacturing customers will reap tremendous benefit from the enterprise perspective of an international technology partner such as Dassault Systèmes. Dassault Systèmes is a leader in innovation and inspires confidence that we will have the best resources available for future growth,” said Mark Murray, CFO, KKSP Precision Machining.
IQMS’s software – on premise EnterpriseIQ and software as a service WebIQ – deliver an all-in-one solution to mid-market manufacturers for managing engineering, manufacturing and business ecosystems by digitally connecting order processing, scheduling, production and shipping processes in real time. IQMS’s solutions are used by 1,000 customers based primarily in the U.S. whose 2,000 manufacturing facilities in 20 countries produce for the automotive, industrial equipment, medical device, consumer goods, and consumer packaged goods industries. Customers include Westfall Technik, KKSP Precision Machining, AMA Plastics, Donnelly Custom Manufacturing, FlowBelow Aero Inc., Global Interconnect, Inc., Jabil Packaging Solutions, Schnipke Precision Molding, Steinwall Inc., Scientific, Inc., Sturgis Molded Products, Tribar, and Ventura Manufacturing Inc. IQMS’s 2017 revenue was around $56 million.
Dassault Systèmes will help IQMS expand its customer base by leveraging the presence in the mid-market space achieved with Dassault Systèmes’ SOLIDWORKS applications, which are delivered and supported by the company’s Professional Solutions global partner channel.
For more information:
Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: www.3ds.com
About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 220, 000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com
3DEXPERIENCE, the Compass logo and the 3DS logo, CATIA, SOLIDWORKS, ENOVIA, DELMIA, SIMULIA, GEOVIA, EXALEAD, 3D VIA, BIOVIA, NETVIBES and 3DEXCITE are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.
MEDIA CONTACT
Investors contacts:
Bordonado François-José / Beatrix Martinez
+33.1.61.62.69.24
investors@3DS.com
Corp/France
Arnaud Malherbe
+33 (0) 1 61 62 87 73
arnaud.malherbe@3ds.com
EMEAR
Virginie Blindenberg
+33 (0) 1 61 62 84 21
virginie.blindenberg@3ds.com
China
Grace Mu
+86 10 6536 2288
grace.mu@3ds.com
North America
Suzanne Moran
+1 (781) 810-3774
suzanne.moran@3ds.com
Japan
Yukiko Sato
+81 3 4321 3841
yukiko.sato@3ds.com
India
Santanu Bhattacharya
+91 124 457 7100
Santanu.BHATTACHARYA@3ds.com
AP South
Magdalene Tan
+65 9487 1206
magdalene.tan.contractor@3ds.com
Korea
Hyunkyung Chae
+82 2 3271 6653
hyunkyung.chae@3ds.com
SOURCE: Dassault Systèmes
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Unmanned systems: Silent Falcon UAS assisting Pojoaque Pueblo in New Mexico, Resolute Eagle UAS adopts MPU5 technology, Ford and Michigan State expand research partnership
In this week’s/today’s roundup from the Association for Unmanned Vehicle Systems International (AUVSI) which highlights some of the latest news and headlines in unmanned vehicles and robotics, the Wildflower International technology firm pairs with Silent Falcon UAS in Wildflower’s bid to build a new data service, PAE ISR upgrades the Resolute Eagle UAS with new communication… Continue reading Unmanned systems: Silent Falcon UAS assisting Pojoaque Pueblo in New Mexico, Resolute Eagle UAS adopts MPU5 technology, Ford and Michigan State expand research partnership
Mercedes-Benz, NVIDIA Announce Collaboration to Create New AI Computer Architecture for Mercedes Vehicles
Mercedes-Benz announced today it has selected NVIDIA to help realize its vision for next-generation vehicles. Speaking to a packed crowd at the Mercedes-Benz booth on the first day of CES 2019, Mercedes-Benz Executive Vice President Sajjad Khan and NVIDIA Founder and CEO Jensen Huang outlined their plans for next-gen AI cars and the new breed… Continue reading Mercedes-Benz, NVIDIA Announce Collaboration to Create New AI Computer Architecture for Mercedes Vehicles
ZF expands Partnership with Microsoft to Develop Digital Services
Whether in the passenger car sector or for commercial vehicles, ZF is well on the road toward Vision Zero. Autonomous vehicles, innovative safety systems and intelligent mobility solutions contribute to a future of road traffic with zero accidents and zero emissions. This will be accompanied by digitalizing the entire value chain. The technological backbone for… Continue reading ZF expands Partnership with Microsoft to Develop Digital Services