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Stock impact report

Luxoft to Acquire CMORE Automotive, Provider of Data-Driven Autonomous Drive Development and Validation Services

DXC Technology Company (DXC) 
Last dxc technology company earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: dxc.technology/investor_relations
Company Research Source: Business Wire
ZUG, Switzerland--(BUSINESS WIRE)--Luxoft, a DXC Technology Company (NYSE: DXC), today announced an agreement to acquire CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems.Headquartered in Lindau, Germany, CMORE Automotive acts as a strategic autonomous drive development partner serving major German automakers and their key suppliers in the automotive industry.Through its network of Advanced Driver Assistance Systems (ADAS) testing facilities in Lindau, Gutmadingen, Böblingen and Eschborn, CMORE Automotive also offers vehicle prototyping and system testing (NCAP, NHTSA) of vehicle active safety features, including those of self-driving cars.“CMORE Automotive’s highly competitive capabilities and services portfolio, along with their development tool chain for autonomous drive, will strengthen Luxoft’s capabilities in data-driven development and validation of AD/ADAS for Level 3 to Level 5 autonomous functions Show less Read more
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