+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
{megaLeaderboard}
{normalLeaderboard}

Continental Acquires Stake in Software Specialist Apex.AI

News

Continental is participating in the German-U.S. software specialist Apex.AI as a strategic investor. In doing so, the technology company is underscoring the great importance of intelligent software applications for future generations of vehicles. Continental and Apex.AI have already been cooperating since 2020 on the industrialization of an innovative operating system for vehicles. With the minority stake now completed, the two companies are intensifying their collaboration in order to rapidly provide a near-series solution. The investment amount is not being disclosed.

{inStory1}

Apex.AI has developed the meta-operating system Apex.OS from a widely used programming framework, the open source code ROS (Robot Operating System). Apex.OS is the first system of its kind for automotive applications that seamlessly supports all phases of software development and use without time-consuming customization, from the concept phase to pre-development to production use - and has already been certified by the German testing organization TÜV Nord for its high, international safety standards in the automotive industry. This means that the software system is approved for series use on the road.

Apex.OS is a robust, versatile, basic software platform that can be used to implement further software solutions quickly, easily and in a developer-friendly manner, especially for new advanced driver assistance systems and autonomous driving functions.

“With Apex.AI, we have a strong cooperation partner at our side to meet the major challenges of autonomous driving with innovative software solutions,” said Frank Petznick, head of the Advanced Driver Assistance Systems business unit at Continental. “The complexity of vehicle software and electronics architectures is increasing rapidly, and the number of digital functionalities is rising. The automobile is indeed becoming more and more like a smartphone on wheels, where the development of hardware and software is increasingly independent of each other and significantly accelerated. With the help of the already certified meta operating system Apex.OS, we will significantly shorten the development cycles of new mobility functions, especially for automated and autonomous driving, in line with the highest safety standards. Our investment in Apex.AI is an important step into the future.”

Flexible, intelligent software solutions for the sustainable mobility of tomorrow
In addition to powerful hardware, the vehicle of the future will essentially be defined by intelligent and innovative software. It will be comprehensively networked, and its functions can be improved and expanded at any time via updates. This requires a completely new architecture for vehicle electronics - and for software systems connected to the cloud. A key approach is to reduce the complexity of the systems despite ever larger and more elaborate programs. Flexible, scalable, and user-friendly software solutions are the code for the future of the automotive industry as well as the key to tomorrow's safe, efficient, and sustainable mobility. Continental has the capacities and the know-how to successfully design technologically leading solutions. The company employs around 17,000 software and IT specialists - which means that around one third of all Continental engineers develop cutting-edge software solutions. Thanks to the cooperation with Apex.AI and the joint industrialization of the meta operating system, Continental can now add an essential component to its product portfolio.

The strategy: partnerships with selected technology companies
Continental works closely with select technology partners to take decisive evolutionary steps. For example, Continental is cooperating with sensor specialist AEye on the development of lidar sensors - a key technology for automated driving. Continental recently set up a joint venture with Horizon Robotics, a leading provider of edge computing platforms for artificial intelligence (AI). The aim is to integrate algorithms from Horizon Robotics into smart camera systems and control units from Continental. And last but not least, embedded software solutions for a wide range of driving functions are being developed at Elektrobit, a Continental subsidiary. With its agile partner ecosystem, Continental is able to bring innovations into series production and onto the road even faster.

Continental's investment in Apex.AI is another example of how targeted investments and partnerships enable significant technology leaps towards sustainable mobility of tomorrow. Apex.AI and Continental's innovative software platform is an important element in the technology company's partnership portfolio to support customers, partners, and Continental's IT specialists in the development and implementation of new software solutions - and not least to enable the integration of the vehicle into the Internet of Things (IoT).

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic and transportation. Continental generated sales of €37.7 billion in 2020 and currently employs more than 192,000 people in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary.


The Latest News, Brought To You By
Continental Acquires Stake in Software Specialist Apex.AI
Modified on Tuesday 14th December 2021
Find all articles related to:
Continental Acquires Stake in Software Specialist Apex.AI
TaaS Technology Magazine
{inStory2}
First Teaser For The Future Renault Concept-car
Fisker Opens Reservations For Its Second Product, The PEAR
Hyundai Motor To Integrate Green Energy Into Charge MyHyundai Service
Hyundai Announces Battery Enhancements And Specification Changes For IONIQ 5
Nissan To Build Two All-new, All-electric Models At Mississippi Assembly Plant
EQT Infrastructure To Acquire InstaVolt, One Of The Leading Rapid Electric Vehicle Charging Network Operators In The UK
Electric Assisted Vehicles Completes Funding Round To Scale Up Production
CUPRA Celebrates Its Fourth Anniversary With An Ambitious Vision For 2022
New Mercedes-Benz Wallbox Charges Electric Vehicles Connected And Intelligently
Polestar 5 To Be Faster, Lighter And More Dynamic Thanks To Brand-new UK-developed Bonded Aluminium Platform
Snow Lake Lithium To Develop World’s First All-electric Lithium Mine
SES Expands In South Korea To Facilitate Commercialization Of Li-Metal Batteries
Porsche Acquires Stake In Fazua And Plans Joint Ventures With Ponooc
Volta Trucks Confirms €230 Million Of Series C Funding
Mina Launch Essential Guide To Support Businesses In Their Transition To EV
Eurocell Building A European Gigafactory
Autonomous Movers Set For US Launch In 2024
Wallbox To Be An EV Charging Partner Of Polaris In The U.S. And Canada
Juice Technology AG Lands In The British Isles
The First Fully Electric BMW XDrive System In The BMW IX And The BMW I4 M50
Winds Of Change: What Does A Pandemic, HS2 And GBR Mean For The UK Rail Network?
Hertz Expands Global EV Commitment With New UFODRIVE Partnership
Tritium Announces Partnership With Wise EV
TRUMPF And KDPOF Become Strategic Partners For Automotive Data Communication Solutions
{inStory3}
{inStory4}
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: