Renault-Nissan to buy software company Sylpheo

Automobile technologyAutomobile major Renault-Nissan today announced its deal to acquire French software development company Sylpheo to accelerate its connectivity and mobility technology capabilities.

Sylpheo has 40 engineers and consultants. Renault-Nissan did not reveal financial terms to boost its automobile technology capabilities.

“Sylpheo’s software developers and cloud engineers will have an opportunity to work on our next generation of connected cars and other advanced technologies,” said Ogi Redzic, senior VP of Connected Vehicles and Mobility Services at The Alliance.

After hiring Ogi Redzic in January to lead the mobility and connectivity services team, the world’s fourth largest car group launched a recruitment campaign to hire 300 technology experts.

The Alliance aims to launch more than 10 vehicles with autonomous drive technology by 2020. Connected car technology will improve the ownership experience, enable the Alliance to offer innovative new services to customers, and drive increased business efficiency.

The acquisition reflects Renault-Nissan’s commitment toward creating an automotive future with zero emissions and zero fatalities. The strategy of The Alliance is to incorporate advanced technology on mass market vehicles at affordable prices.

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