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Sensata to pay $1-bn for tire pressure sensor leader September 01, 2014 Sensata to pay $1-bn for tire pressure sensor leader Sensata Technologies Holding NV (Almelo, Netherlands) has announced it has reached an agreement to acquire the Schrader group of companies form Madison Dearborn Partners LLC for a total enterprise value of $1.0 billion. Schrader is the global leader in tire pressure monitoring sensors (TPMS). Read more Schaeffler to boost electromobility by Formula E commitment August 21, 2014 Schaeffler to boost electromobility by Formula E commitment Mechatronics technology company Schaeffler AG highlights its ambition to be conceived in the automotive markets of the future: The company announced a technology sponsorship for the ABT Sportsline racing team in the recently-launched FIA Formula E, the racing formula for electric vehicles. Read more Infineon closes technology gap through International Rectifier takeover August 20, 2014 Infineon closes technology gap through International Rectifier takeover Infineon has announced to swallow International Rectifier for the amount of $3 billion. With the move, the Munich-based chipmaker intends to close its technology gap in the promising GaN segment. In addition, Infineon hopes to better utilize its 300mm wafer fab in Dresden to capacity. Read more Elektrobit opens another automotive software R&D facility in Finland August 20, 2014 Elektrobit opens another automotive software R&D facility in Finland With the launch of a new software development laboratory in Oulu, Finnish electronics company Elektrobit responds to the rising demand for automotive software. The branch unit offers jobs for some 40 software engineers with focus on automotive embedded software, the company said. Read more Continental goes Silicon Valley, grabs Google guru August 18, 2014 Continental goes Silicon Valley, grabs Google guru In the search for the individual mobility of the future, automotive supplier Continental AG has planted an offshoot in the Silicon Valley. The company's new Intelligent Transportation Systems business unit will be headed by Seval Oz - the expert for vehicle networking was instrumental in Google's Self ... Read more Tesla, Panasonic sign Gigafactory agreement July 31, 2014 Tesla, Panasonic sign Gigafactory agreement  Tesla Motors, Inc. has signed an agreement with Panasonic Corporation that lays out their cooperation on the construction of a large-scale battery manufacturing plant in the USA, known as the Gigafactory which will employ about 6,500 people by 2020. Read more Infineon fires on all cylinders July 30, 2014 Infineon fires on all cylinders High demand for automotive electronics and semiconductors for renewable energies drove Infineon’s Q3 figures. The company increased overall sales by 8.6% year over year and expects the good development to continue in the foreseeable future. The strongest business segment was once again automotive electronics ... Read more Audi, BMW, Daimler drive open source measurement data management July 28, 2014 Audi, BMW, Daimler drive open source measurement data management To enable a correct interpretation and comparison of test data across the automotive industry, a number of carmakers and suppliers have joined and launched the openMDM (open Measurement Data Management) working group within the Eclipse Foundation. The group intends to promote open source tools for the ... Read more XCore architecture attracts Bosch investment July 22, 2014 XCore architecture attracts Bosch investment British fabless semiconductor maker XMOS Ltd, provider of multicore microcontrollers, has successfully completed a series D investment round with a total volume of $26 million. One of the investors is automotive supplier Robert Bosch through its venture capital subsidiary. The Germans were particularly ... Read more ABB, Volvo develop fast charging system for buses July 21, 2014 ABB, Volvo develop fast charging system for buses Volvo Buses and ABB group are partnering in the development of DC fast charging systems for hybrid and electric buses. The developments will be based on open, generally accepted standards and enable operators to charge their vehicles at bus stops through the roof-mounted Automatic Connection System (ACS). ... Read more
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