KPIT Technologies and ZF Group have announced the establishment of QORIX, an independent company focused on developing scalable middleware solutions for the automotive mobility ecosystem, with ZF investing 50% equity pending regulatory approvals.
Information on the Target
QORIX, a subsidiary of KPIT Technologies, is being established as an independent company aimed at developing and distributing open and scalable middleware solutions for the mobility ecosystem. This initiative stems from a partnership between KPIT and ZF Group, both recognized leaders in the automotive and technology sectors. QORIX will leverage the expertise, intellectual property, and resources from both KPIT and ZF, focusing on addressing the challenges faced by mobility OEMs in managing the complexity of automotive software.
The need for such middleware solutions has become increasingly pressing as the mobility industry evolves. OEMs encounter difficulties in maintaining control over software architecture while grappling with rapid technological advancements. QORIX aims to fill this gap with a mature and modular integrated middleware offering that can alleviate delays in vehicle start-of-production (SOP) and reduce technology expenditures.
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Industry Overview in Germany
Germany is a global leader in the automotive industry, renowned for its innovation and technological advancements. The country is home to major automotive manufacturers and has a robust ecosystem that supports vehicle development,
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ZF Group
invested in
KPIT Technologies
in 2023
in a Joint Venture deal
Disclosed details
Revenue: $47M