DENSO Corporation, a global automotive components supplier, has taken a stake in German start-up company PiNTeam Holding GmbH, a leading vehicle-related software developer. With this deal, DENSO will accelerate the development of software that controls in-vehicle electronic control units (ECUs). In April 2019, DENSO had announced that it would invest approximately US$1.6 billion over the three years to support the development of electrified automotive products, systems, and technologies.
The partnership will help DENSO to combine its technologies related to in-vehicle electronic system control with PiNTeams embedded software solutions to meet the European markets standard. The partnership will enable both companies to increase their effectiveness and basic software for connected and autonomous vehicle markets.
The next-generation vehicles growing demands for high vehicle performance, especially the advanced driver assistance system, are heavily reliant on complex & embedded software. The number of ECUs per vehicle has steadily risen, such as in luxury cars typically have more than 80 ECUs each. Due to this, basic software will be required by companies to coordinate with different ECUs and control the entire vehicle. DENSO, for safe and secure mobility, cooperate with partners across the globe to develop systems that contribute to the advancement of vehicles, more efficient and sustainable for all customers.
Recent Investments by DENSO are mentioned below:
- September 2019: DENSO Corporation and Beyond Next Ventures Inc. have established OPExPARK Inc. to develop the businesses by utilizing OPeLiNK
- July 2019: DENSO and Smiths Manufacturing (Pty) Limited established a joint venture, DENSO Sales South Africa (Pty) Limited to offer aftermarket products and services in South Africa
- July 2019: DENSO and Toyota Motor agreed to establish a joint venture for R&D related to next-generation, in-vehicle semiconductors. The two companies will create a new company in 2020.
About PiNTeam Holding GmbH
PiNTeam is a Munich based software integration company. The company provides development and integration support for automotive embedded software development projects. PiNTeam main products like the KYOTO-suite, FUJI-suite and OMIYA offers valuable support for re-using software in different projects.
About DENSO Corporation
DENSO Corporation, is a worlds second-largest mobility supplier, headquartered in Kariya, Japan. The company develops technology and components for almost every vehicle make and model on the road. The company has a network of more than 211 facilities in around 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems for customers across the world. The company has approximately 170,000 employees worldwide.