Mentor Graphics Corp. (NASDAQ: MENT) announced the appointment of Glenn Perry to the role of vice president of the company’s Embedded Systems Division.
The Mentor Graphics® Embedded Systems Division enables embedded development for a variety of applications including automotive, industrial, smart energy, medical devices, and consumer electronics.
“We believe there is great potential for us to grow in the embedded market,” said Walden C. Rhines, chairman and CEO, Mentor Graphics. “To that end we have been making strategic investments, and placing this expanded division under a vice president reflects the increased opportunities we are seeing.”
Controlled Power Technologies (CPT) has incorporated a US subsidiary, appointing Taylor Hansen as vice president responsible for the company’s North American operations.
Based in Detroit, Hansen’s responsibilities include business development and client program management, as well as directing prototype build leading ultimately to volume production.
“We have seen growing interest in our switched reluctance motor-generator technology with increasing inquiries from North American automakers and their powertrain suppliers,” says Nick Pascoe chief executive Controlled Power Technologies.
Affordable Powertrain Electrification at 48V
September 17, 2014 by John Day
Bosch plans to increase its stake in ZF Lenksysteme GmbH (ZFLS) to 100 percent. ZFLS, based in Schwäbisch Gmünd, Germany has been a 50:50 joint venture between Bosch and ZF.
Employing more than 13,000 associates in eight countries, ZFLS develops, produces, and sells steering systems for passenger cars and commercial vehicles worldwide. In 2013, it registered sales of approximately €4.1 billion.
With a total of 20 locations, the company is active in the world’s most important automotive markets. Alongside locations in Europe, the U.S., and China, ZFLS also produces in India, Brazil, and Malaysia. The transaction is subject to approval by the antitrust authorities. The purchase price will not be disclosed.
September 15, 2014 by John Day
TRW Automotive Holdings Corp. has entered into a definitive agreement with ZF Friedrichshafen AG (“ZF”) under which ZF will acquire all outstanding shares of TRW for $105.60 per share in an all-cash transaction valued at approximately US$13.5 billion.
The transaction will create a global leader in the automotive supplier business with pro forma combined sales of approximately €30 billion ($41 billion) and 138,000 employees. The combined company will serve high-growth areas such as fuel efficiency, increased safety requirements, and autonomous driving.
TRW will be operated as a separate business division within ZF.
September 12, 2014 by John Day
Audi of America and AT&T will provide owners of 2015 A3, S3 and Q3 models equipped with Audi connect® the option of adding their connected cars to an AT&T Mobile Share Value(SM) data plan, starting Oct. 1.
With a Mobile Share Value Plan, customers can purchase a monthly allotment of data to share among their connected devices, including the all-new Audi premium compact and crossover models equipped with Audi connect. The access charge is $10 a month to add a vehicle to a Mobile Share Value plan, which is the same price that AT&T charges to add a tablet to an existing plan.
Agnik, a data analytics company for connected cars, has received a US Department of Transportation Contract for developing advanced mathematical game-theoretic framework-based products in the area of social incentives and mechanism design for usage-based insurance.
The project will be performed in collaboration with Harman International and will be supported by several leading insurance carriers.
Growing interest in blending social experience with Connected Car applications is creating new opportunities for insurance carriers. However, gamification without a proper mathematical approach may have adverse effects.
“We began with the IPO of Covisint, initiated a robust dividend, divested non-core operations, and aggressively reduced corporate expenses,” said Compuware CEO Bob Paul,. Compuware is now best suited to focus on its core mainframe and APM businesses as a private-equity backed company, where we can continue to serve our customers in a competitive environment with greater flexibility to take a long-term approach.”
Cadillac to Introduce Advanced ‘Intelligent and Connected’ Vehicle Technologies on Select 2017 Models
Super Cruise and V2V slated for production in about two years
Cadillac will begin offering advanced “intelligent and connected” vehicle technologies on certain 2017 model year vehicles, General Motors CEO Mary Barra said Sunday during her keynote address at the Intelligent Transport System (ITS) World Congress in Detroit.
September 9, 2014 by John Day
IBM and The Agência de Transporte do Estado de São Paulo (ARTESP), the regulatory agency that oversees public transportation for the State of São Paulo, Brazil, announced the opening of the Information Control Center designed to help ensure the quality of service provided by local operators of the state’s highways.
The center will unify traffic data, incident management and service delivery through the use of advanced analytics to help ensure safer and more efficient travel for a population of 20 million across 271 cities.
September 2, 2014 by John Day
OEM rear-seat entertainment shipments have only reached an estimated 2.9 million in 2014. Furthermore, aftermarket devices have not fared too well either; shipments in 2014 are estimated to be 3.5 million globally. However, there is hope that this stagnant market will prosper once more in the form of bring your own device (BYOD) i.e. tablets, smartphones, gaming devices, and other portable media players. Consumers have moved on from DVD and Blu-ray players and therefore so too must rear-seat entertainment.