© yuri arcurs dreamstime.com General | March 19, 2019
DENSO, Airbiquity partnership paves way for connected vehicle technology
Mobility supplier DENSO has taken a USD 5 million stake in Seattle-based Airbiquity Inc., a supplier of connected vehicle services and developer of automotive telematics technology.
The investment will accelerate the development of over-the-air (OTA) systems for wirelessly updating automotive software from a remote location, according to a press release issued by DENSO. OTA systems have been increasingly commercialized to update the software of multimedia products, such as car navigation systems, which is critical for automakers as the industry acccelerates toward electrification and autonomous vehicles. Airbiquity delivers software products for in-vehicle multimedia products to various automakers and known for its ability to ensure security in OTA systems. DENSO will advance the development of secure and highly reliable OTA systems in cooperation with Toyota Motor and Toyota Tsusho by harnessing Airbiquity's engineering capabilities and developmental strengthens and resources, the release explained. "DENSO envisions a future where people everywhere enjoy the freedom and convenience of mobility. That's why we've been actively and aggressively investing in and teaming up with industry-leading partners like Airbiquity to deliver safe and reliable automated driving technology," said Tony Cannestra, director of Corporate Ventures at DENSO. "Secure OTA systems that update and control vehicle functionality are a key component in tomorrow's connected car." With headquarters in Japan, Denso employs 24,000+ engineers, researchers and skilled workers across 31 sites in the U.S, Canada, and Mexico.