As of today, EVOMOTIV and VAIVA – two leading providers of demanding development services and products for the automotive industry – are entering into a strategic partnership. Both companies bring years of expertise in the development of advanced driver assistance systems (ADAS) and vehicle safety systems, virtual development, as well as the introduction of innovative development methods and tools.

The overarching goal of the partnership is, on the one hand, to strengthen and expand existing markets and, on the other hand, to tap into new markets. This includes both new customer segments and industries. The synergies created allow us to respond to new technological possibilities and economic developments as effectively and efficiently as possible. In this way, this long-term, strategically oriented collaboration makes a significant contribution to strengthening the competitive position of both companies.

Specifically, this means:

• Leveraging complementary strengths in the development, validation, and virtualization of complex autonomy, ADAS, and safety systems

• Mutual access to resources and infrastructure at national and international locations

• Joint sales and communications activities to open up new markets outside the automotive industry

• Joint evaluation and use of new technologies; future-proofing through pooled innovative strength and the creation of a shared engineering ecosystem

• Development and marketing of joint products – for example, through the introduction of modern, efficient methods and tools

 We are delighted about this important milestone in our company's history and look forward to a relationship based on trust and success.