Luxoft, a DXC Technology Company, Completes Acquisition of CMORE Automotive
DXC Technology Company (DXC)
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Source: Business Wire
The acquisition builds on Luxoft’s capabilities in data-driven development, testing and validation of Autonomous Drive/Advanced Driver Assistance Systems ZUG, Switzerland--(BUSINESS WIRE)--Luxoft, a DXC Technology Company (NYSE: DXC), today announced the completion of its acquisition of CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems.Luxoft had announced a definitive agreement to acquire CMORE Automotive on March 5, 2020 and received final regulatory approval on March 24, 2020.The acquisition builds on Luxoft’s capabilities in data-driven development, testing and validation of Autonomous Drive/Advanced Driver Assistance Systems (AD/ADAS) for Level 3 to Level 5 autonomous functions and strengthens the company’s ability to design and deploy transformative AD/ADAS programs for clients at scale.“With CMORE Automotive, Luxoft will extend its spectrum of AD/ADAS initiatives, from enabling customers to amplify th
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