The German industrial manufacturing giant Siemens has announced that it will acquire Dutch TASS International, a producer of self-driving software, in a deal that will strengthen Siemens' position in the automotive industry. The amount of the acquisition has not been disclosed.
TASS International provides a variety of automated driving solutions, including integrated safety solutions, advanced driver assistance systems (ADAS), and tyre modeling. Using the its PreScan software, car manufacturers, suppliers and government agencies can simulate complex traffic scenarios, while the company's Madymo software can simulate the impact of a car crash on the human body.
“The automotive industry is a core focus for Siemens and our acquisition of TASS International is another example of our commitment to offer a complete Digital Enterprise solutions portfolio, enabling automotive companies to realize their digital transformation and fully benefit from all opportunities of digitalization,” said Dr. Jan Mrosik, CEO of Siemens’ Digital Factory Division in a statement.
“TASS International is a proven leader in both integrated safety and autonomous driving, two fields of engineering that are increasingly important for the industry. By combining its strengths with Siemens’ PLM offerings, we are able to respond even better to today’s challenges in the automotive industry.”
Read more: Design & Reuse (Press release)