Continental to cut 3,000 R&D jobs to boost competitiveness February 20, 2025 Continental has announced plans to reduce its global research and development (R&D) workforce by approximately 3,000 positions by the end of 2026. The decision is part of a broader strategy to enhance competitiveness in a challenging automotive market and optimise the company’s global R&D network.
More layoffs awaits at Continental February 15, 2024 Continental is implementing the global measures it announced back in December to increase R&D efficiency in the Automotive group sector, affecting around 1,750 jobs worldwide
Five companies incorporate RISC-V firm Quintauris December 22, 2023 Robert Bosch, Infineon, Nordic, NXP and Qualcomm have formally established Quintauris. The aim is to build RISC-V-based products, provide reference architectures and serve a variety of industries.
Continental and Horizon Robotics form JV on Automotive AI Technology September 30, 2021 Continental and Horizon Robotics signed a Joint Venture (JV) contract, focusing on providing hardware and software integrated solutions for Advanced Driver Assistance Systems and automated driving. The JV will be located in Shanghai, China.
CalcuQuote grows global team with two new European team members December 21, 2020 Quoting and supply chain software provider for the EMS industry, CalcuQuote, has strengthened its global presence with the addition of two new European team members.
Elektrobit opens software lab in Berlin October 14, 2019 Kickstarts the new office by signing a collaboration agreement with Daimler subsidiary MBition.
Elektrobit and Synopsys form joint effort to advance virtual system testing May 13, 2019 Silicon Valley-based Synopsys Inc. and Elektrobit (EB), headquartered in Bavaria, are collaborating in an effort to accelerate automotive electronic systems development using virtual environments, allowing automotive tier 1 and OEMs to move from physical to virtual system testing.
TomTom joins forces with Elektrobit for automated driving February 27, 2018 TomTom and Elektrobit will collaborate to demonstrate an Electronic Horizon system for driver assistance functions and autonomous vehicles, combining TomTom AutoStream, and Elektrobit’s EB robinos Predictor.
Continental acquires cyber security company November 07, 2017 In order to further strengthen and enhance its capabilities in automotive cyber security, Continental is acquiring Argus Cyber Security (Argus).
Elektrobit is working with Infineon and Nvidia on automated driving platform September 21, 2015 Elektrobit is working with Infineon and Nvidia to make it easier for automakers and their suppliers to create advanced driver assistance systems (ADAS) that integrate the highest levels of safety.
Bittium appoints new CEO August 06, 2015 As a result from the sale of the Automotive business on July 1, 2015, Bittium Corporation has decided some changes to the company’s management.
Elektrobit opens automotive software lab July 06, 2015 Elektrobit has opened its new Automotive Innovation Lab in the San Francisco Bay Area. The Innovation Lab will focus on the development of advanced solutions for in-car connectivity and autonomous driving.
How will Bittium do without EB Automotive? July 03, 2015 Bittium – what's left of the old Elektrobit – has due to the sale of the Automotive business uppdated its outlook for the year 2015.
EB approves sale of automotive business to Continental AG June 15, 2015 The sale of its Elektrobit's automotive business to Continental AG was approved at the extraordinary general meeting of Elektrobit and resolved to change the name of the company to Bittium Corporation
Elektrobit sells its Automotive business to Continental May 19, 2015 Elektrobit Corporation and Continental AG have signed a definitive share purchase agreement on May 18, 2015. EB will sell its Automotive business to Continental.
EB to develop mobile devices for Mexican Mexsat programme May 04, 2015 Elektrobit Wireless Communications and the Ministry of Mexican Communication and Transportation (SCT) have signed an agreement regarding the development of three types of android-based L-band mobile devices.
Parrot is still going after e.solutions January 13, 2015 Parrot SA has filed a request for arbitration against e.solutions GmbH, a jointly owned company of Elektrobit Corporation (EB) and Audi, seeking remuneration and/or damages in connection with a supply contract.
Elektrobit acquiring Birdstep Technology Oy January 05, 2015 Elektrobit Technologies Ltd, a subsidiary of Elektrobit Corporation has today acquired 100 per cent of the shares of Birdstep Technology Oy, which is a fully owned Finnish subsidiary of Birdstep Technology ASA, based in Norway.
Elektrobit rationalises its operations in Finland December 18, 2014 Elektrobit (EB) has concluded personnel negotiations, started on November 6, 2014, in its Wireless Business Segment in Finland in order to centralise some its operations more in Oulu and to focus the roles of its offices in Finland.
Elektrobit just released a ... smartphone? November 07, 2014 Elektrobit has spread its elbows and is trying to get some traction in a heavily crowded market, the smartphone market.
Elektrobit Inc settles with IRS October 10, 2014 Elektrobit Inc., a subsidiary of Elektrobit Corporation has entered into settlement with Internal Revenue Service (IRS) concerning tax treatment of impairment of receivables from TerreStar companies.
Elektrobit and Nuance humanise the New Audi TT October 02, 2014 The bond between man and machine is about to get personal. Elektrobit (EB) and Nuance has integrated voice and natural language understanding (NLU) technology as part of the Virtual Cockpit in the new Audi TT Roadster.
Parrot withdrawals legal proceedings against e.solutions September 23, 2014 Parrot S.A. has withdrawn the legal proceeding against e.solutions GmbH, a jointly owned company of Elektrobit Corporation (EB) and Audi.
Elektrobit to open automotive software site in Finland August 18, 2014 Elektrobit (EB) plans to open an automotive software site in Oulu, Finland. The new site offers EB the opportunity to hire software engineers for the growing automotive software business
Elektrobit goes with Qualcomm July 29, 2014 Elektrobit (EB) will collaborate with Qualcomm Technologies, a wholly owned subsidiary of Qualcomm Incorporated, to feature the Snapdragon 801 processor in the new version of its EB Specialized Device Platform (SDP).
Temporary layoff at Elektrobit in Finland April 30, 2014 Elektrobit has started personnel negotiations to temporarily lay off a maximum of 90 employees, targeting cost savings of about EUR 0.8 million in its Wireless Business Segment.
Parrot files lawsuit against EB subsidiary April 08, 2014 Parrot S.A. has initiated legal proceeding against e.solutions GmbH, a jointly owned company of Elektrobit Corporation (EB) and AUDI, seeking to collect damages
Elektrobit and Canadian University on urban vehicle project January 14, 2014 Elektrobit (EB) has partnered with the Universite de Sherbrooke in Quebec, Canada, to develop a new urban electric vehicle with autonomous driving technology.
Elektrobit raises its profit guidance December 18, 2013 Elektrobit Corporation (EB) raises its operating result guidance for 2013 due to better than expected last quarter and gives more precise net sales outlook for 2013
Fewer temporary layoffs than anticipated at EB November 29, 2013 The estimated cost savings from temporary layoffs in Elektrobit Corporation's (EB) wireless business segment will be approximately EUR 0.8 million
JOT Automation – a time-line of 25 years October 14, 2013 The Finnish production and test solutions provider is one of few Nordic success stories, the company has seen all the ups and down that the industry can throw at it, but they're still here.
Elektrobit and Daimler strengthen partnership July 12, 2013 Elektrobit (EB) and Daimler are strengthening their partnership for developing Daimler’s embedded driver assistance software.