Luxoft, a DXC Technology Company, announced the completion of its acquisition of CMORE Automotive on April 9, 2020. Definitive agreement to acquire the independent services provider, dedicated to the development and validation of Al-driven mobility systems, was announced on March 5, 2020, and final approval was received by the company on March 24, 2020.
The acquisition adds to Luxoft’s capabilities in data-driven development, testing and validation of Autonomous Drive/Advanced Driver Assistance Systems and strengthens the company’s ability to design and deploy transformative AD/ADAS programs for clients at scale.
Dmitry Loschinin, executive vice president, DXC Technology, and president and chief executive officer, Luxoft, commented on the completion of the acquisition: “With CMORE Automotive, Luxoft will extend its spectrum of AD/ADAS initiatives, from enabling customers to amplify their fusion, perception and driving function development, testing and validation capacities to delivering transformative AD/ADAS solutions at scale. I want to welcome the CMORE Automotive team to the DXC family.”
Richard Woller, chief executive officer, CMORE Automotive, said: “We are excited to be a part of the DXC family and its Autonomous Drive team and looking forward to accelerate customers’ in-car series projects with end-to-end AI-driven development, testing and validation of AD/ADAS solutions at scale.”
