DXC Technology subsidiary Luxoft has signed an agreement to acquire CMORE Automotive, a German firm that focuses on the development of AI-driven mobility concepts.

The financial details of the transaction were not disclosed.

Founded in 2011, CMORE Automotive provides engineering, data and platform solutions to enable autonomous driving, connectivity and electric mobility.

With around 250 employees, the company works as a strategic autonomous drive development partner with multiple German automakers. It is headquartered in the German town of Lindau and has eight locations in the country.

CMORE Automotive also provides vehicle prototyping and system testing (NCAP, NHTSA) of vehicle-active safety features through its Advanced Driver Assistance Systems (ADAS) testing facility network.

CMORE Automotive CEO Richard Woller said: “Our combined client base, which is increasingly demanding shorter autonomous drive (AD) software engineering cycles, will benefit from end-to-end AI-driven development and validation of AD / ADAS at scale.”

Luxoft president and CEO and DXC Technology executive vice-president Dmitry Loschinin said: “CMORE Automotive’s highly competitive capabilities and services portfolio, along with their development toolchain 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.” Sorry, there are no polls available at the moment.

The transaction is expected to close by next month, subject to regulatory approvals and other customary closing conditions.

Luxoft offers technology solutions to support business transformation and boost operational efficiency.

Its parent company DXC Technology supports companies to upgrade IT infrastructure and operate mission-critical systems.