|Friday, 12 October 2018, 13:35 HKT/SGT|
|- Investment will accelerate the development of next-generation in-vehicle electronic platforms -|
KARIYA, JAPAN, Oct 12, 2018 - (JCN Newswire) - DENSO Corporation today announced it has taken a 2% equity stake in eSOL Co., Ltd., a leading developer of real-time embedded software solutions. DENSO will use eSOL's technologies to develop software for the systems and products required for automated driving.
To improve the performance of automated driving and the utilization of external data for safety, in-vehicle electronic products must be integrated to ensure seamless control of the entire vehicle system. As in-vehicle systems become increasingly more complex, it will be necessary to update, rewrite or add software to coordinate with new electronic systems and electronic control units for automated driving. DENSO will work with eSOL as an important partner in rapid software development and will create next-generation electronic platforms through a technology advisor arrangement and personnel exchange.
Founded in 1975, eSOL is the premium partner of AUTOSAR (Automotive Open System Architecture), a consortium organized by automakers and suppliers that standardizes automotive software platforms. In 2016, DENSO established a joint venture, AUBASS Co., Ltd., with eSOL and NEC Communication Systems, Ltd., to enable automakers to use complex in-vehicle software.
DENSO will bring new value to the future of mobility through the development of in-vehicle electronic software, electronic systems, and electronic platforms - all of which will be used in connected and automated driving.
DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has approximately 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8% of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.
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Sadayoshi Yokoyama, Toshiko Watanabe
Topic: Press release summary
From the Asia Corporate News Network
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