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Bosch completed the acquisition of Atlatec.

Synopsis

Bosch, a German multinational engineering and technology company, completed the acquisition of Atlatec, a HAD mapping technology company. Financial terms were not disclosed. “The planned acquisition of Atlatec further expands our expertise in the field of high-resolution digital maps and makes us even more diversified. It makes Bosch the only company that can offer its customers all the necessary building blocks of automated driving – from actuators and sensors to software and maps – from a single source. We are thus consistently expanding our strong position in this area,” Mathias Pillin, Bosch President.

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