German chipmaker Bosch has acquired autonomous driving software startup Five, strengthening its autonomous vehicle platform.
The U.K. company has six location, and all 140 employees will be working on software for autonomous vehicles for Bosch. The financial details were not disclosed.
“Automated driving is set to make road traffic safer,” said Markus Heyn, member of the board of management at Bosch. “We want Five to give an extra boost to our work in software development for safe automated driving and offer our customers European-made technology.”
Five will be integrated into Bosch’s Cross-Domain Computing Solutions division and will work toward development SAE Level 4 autonomous technology for future vehicles.