Announced

The BENTELER Group to acquire ioki from Deutsche Bahn.

Synopsis

The BENTELER Group, a global company serving customers in automotive technology, agreed to acquire ioki, a European provider of software-based mobility solutions, from Deutsche Bahn, the national railway company of Germany. Financial terms were not disclosed. With the successful acquisition, HOLON, ioki, and Benteler Mobility form the first European full-service provider for autonomous mobility. HOLON manufactures the autonomous HOLON urban shuttle; ioki contributes platform and routing technology for on-demand services and public-transport integration; and Benteler Mobility provides operational services and financing for autonomous fleets.

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