Luxoft motors to Symtavision acquisition

Mar 21, 2016 • Thierry Heles

HTGF-backed spinout Symtavision, a developer of software technology for the automotive sector, has been acquired by Luxoft for an undisclosed amount.

Symtavision, a Germany-based automotive software developer backed by public-private partnership High-Tech Gruenderfonds (HTGF), has been acquired by software development services provider Luxoft for an undisclosed sum.

Symtavision was founded in 2005 as a spinout of Braunschweig University of Technology. The company’s technology, aimed at the automobile sector, helps software developers analyse and optimise real-time embedded systems such as in-vehicle networking.

Luxoft will use Symtavision’s technology to boost its expertise in the automotive sector, where it currently offers technology around navigation…

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