Volkswagen-backed CARIAD to acquire the automotive division of Intenta.

Volkswagen-backed CARIAD, an automated driving company, agreed to acquire the automotive division of Intenta, a software development company. Financial terms were not disclosed. "Our goal is to develop key software components ourselves and increase the depth of value added in key development areas. That's why we are expanding our expertise along the entire tech stack for automated driving. One building block here is sensor data fusion. With the acquisition of Intenta's automotive unit as a proven specialist in this field, we are expanding our competencies," Lynn Longo, CARIAD Chief Technical Officer.