CARIAD to acquire VAIVA GmbH stake for enhanced active safety functions

On May 6, CARIAD announced its plans to acquire the remaining 24.5% stake in VAIVA GmbH currently owned by ANDATA of Hallein, Austria. CARIAD and ANDATA, both players in automotive software, aim to reorganize their collaboration through the VAIVA joint venture. Since its inception in 2009, Audi Electronics Venture ha....

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