Stuttgart, Germany – Bosch is expanding its expertise in automated driving and strengthening its market position with an acquisition. Atlatec GmbH, based in Karlsruhe, Germany, is to become part of the Bosch Cross-Domain Computing Solutions division as an independently operated company. Bosch and Atlatec have now signed agreements to this effect. Atlatec is one of the world’s most innovative providers of high-resolution digital maps for driver assistance and automated driving. The company, which was spun off from the Karlsruhe Institute of Technology in 2014, employs around 25 people in Germany, Japan, and the United States. “The planned acquisition of Atlatec further expands our expertise in the field of high-resolution digital maps and makes us even more diversified. It makes Bosch the only company that can offer its customers all the necessary building blocks of automated driving – from actuators and sensors to software and maps – from a single source. We are thus consistently expanding our strong position in this area,” says Dr. Mathias Pillin, president of the Cross-Domain Computing Solutions division. “In Bosch, we have found the right partner for us as we take the next step in expanding our digital mapping expertise even further,” says Dr. Henning Lategahn, CEO of Atlatec GmbH. It has been agreed that the purchase price will not be disclosed. The acquisition is subject to approval by the antitrust authorities.
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Mobility is the largest Bosch Group business sector. It generated sales of 52.6 billion euros in 2022, and thus contributed almost 60 percent of total sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility business sector pursues a vision of mobility that is safe, sustainable, and exciting, and combines the group’s expertise in the domains of personalization, automation, electrification, and connectivity. For its customers, the outcome is integrated mobility solutions. The business sector’s main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 are software engineers.
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