Renault to acquire Intel’s French embedded software R&D expertise
With the acquisition of specialised embedded software, connectivity and new services, Renault steps up development in connected and autonomous vehicles.
With the acquisition of specialised embedded software, connectivity and new services, Renault steps up development in connected and autonomous vehicles.
Renault has announced the signing of a final agreement to acquire Intel’s French embedded software R&D activity based in Toulouse and Sophia-Antipolis, France.
With this acquisition, Renault aims to bring in a full spectrum of skills to reinforce developments in next-generation embedded vehicle software, in areas such as personalised services and remote, autonomous and realtime updates.
“This acquisition is right in line with Groupe Renault’s strategy of offering new connected services and improving the experience of its customers. The Intel employees joining Renault hold highly relevant skills in what is a strong competitive technical field, where the Alliance is one of the world leaders. Groupe Renault thereby continues to support French innovation and economic development in France,” said Carlos Ghosn, chairman and CEO of Renault.
Intel’s French R&D teams, which hold established software development expertise complementary to Renault’s, will bring Renault expertise, advanced methods and tools, plus access to a sound network of suppliers, laboratories and partner companies. Some teams already have automotive-specific skills in multimedia and connectivity.
The new company will be part of the Groupe Renault Alliance Systems Engineering Department.
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