Tata Tech, BMW to form JV for software development

Tata Technologies, BMW Group to form JV for software development

Reuters

Synopsis

The venture will develop automotive software for automated driving and the dashboard system among other features, Tata Technologies said, but didn’t disclose any financial details of the agreement.

Tata Technologies BMW JVETtech

Tata Technologies and Germany’s BMW Group will form a joint venture for software development, the engineering services company said on Tuesday.

The venture will develop automotive software for automated driving and the dashboard system among other features, it said, but didn’t disclose any financial details of the agreement.


Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Indian School of Business ISB Professional Certificate in Product Management Visit
MIT MIT Technology Leadership and Innovation Visit
Indian School of Business ISB Product Management Visit

Tata Technologies and the BMW Group will each hold a 50% stake in the newly-formed company, it added.

Tata Technologies, the unit of carmaker Tata Motors , provides engineering and technology services to auto, aero and heavy machinery makers.

Discover the stories of your interest

Stories you might be interested in

    Harry Byrne

    Related post