Valeo acquires Peiker, expands connectivity offering

Automotive supplier Valeo is broadening its range of connectivity solutions with the acquisition of German on-board telematics supplier Peiker. Valeo is developing an extensive range of high-technology systems using ultrasonic sensors, radars, cameras, laser scanners, head up displays and software to make the car of the future more intuitive to drive, safer and more efficient. The integration of Peiker into the Valeo group will allow the French based automotive supplier to offer automakers global solutions
December 23, 2015 Read time: 2 mins

Automotive supplier 8036 Valeo is broadening its range of connectivity solutions with the acquisition of German on-board telematics supplier 8287 Peiker.

Valeo is developing an extensive range of high-technology systems using ultrasonic sensors, radars, cameras, laser scanners, head up displays and software to make the car of the future more intuitive to drive, safer and more efficient.
The integration of Peiker into the Valeo group will allow the French based automotive supplier to offer automakers global solutions for new telematics systems, utilising Peiker’s connectivity modules and enabling fast, reliable data exchange in the vehicle. They also allow for the high-speed connectivity and cybersecurity features needed in this high-growth market, notably with innovative products connecting vehicle to vehicle and vehicle to infrastructure and compatible with forthcoming LTE Advanced mobile (4G+) broadband services and beyond.

Commenting on the acquisition, Jacques Aschenbroich, Valeo’s CEO said: "We are delighted to welcome the Peiker teams to Valeo. We highly value the technology culture that Andreas Peiker and his family have built over the decades. Peiker's portfolio of technologies, products and services is perfectly aligned with our vision of intuitive driving, and the role that it will play in the autonomous, connected and intuitive car of the future."

Andreas Peiker, CEO of Peiker, adds: “Joining the Valeo group is a big step towards the future. We will be able to strengthen our position in the global field of telematics and connectivity and can thus open up new markets that we could not access as a mid-sized company. I am very excited to be a part of such a renowned global player in the automotive industry. It is a win-win situation – both companies will benefit from the other’s know-how and experience. Together, we will shape the future of the connected and autonomous car.” 

Location Based Systems

For more information on companies in this article

Related Content

  • Kapsch CarrierCom acquires Prodata Mobility Systems
    July 17, 2014
    Kapsch CarrierCom has strengthened its public transport portfolio with the acquisition of public transport solutions provider Prodata Mobility Systems, a division of Belgium-headquartered Prodata Technology Group. The acquisition enables Kapsch CarrierCom to extend its range into ITS in public transport. Prodata’s automated fare collection solutions will provide public transport customers with integrated and stand-alone point of sale solutions, ticket machines and online and mobile portals. In addition,
    Read More
  • German companies to develop new LiDAR technology for autonomous cars
    August 4, 2016
    German automotive supplier ZF has acquired a 40 per cent stake in Hamburg-based Ibeo Automotive Systems, a specialist in LiDAR technology and the development of environmental recognition software with a particular focus on applications for autonomous driving. The two companies plan to develop the next generation of LiDAR technology for vehicle applications and autonomous driving, without the rotating mirrors contained in current LiDAR systems. According to ZF, LiDAR expands its current sensor portfo
    Read More
  • ISS expands cloud offerings with CitySync RaaS
    June 27, 2014
    Image Sensing Systems has launched its first software-only product, CitySync Recognition as a Service (RaaS), a solution which gives any and all businesses and governments the power to use and access the state-of-the-art CitySync licence plate recognition (LPR) engine. CitySync RaaS is an annual service that provides organisations with a fast, accurate automated licence plate recognition engine. This stand-alone solution can be implemented into any size organisation or infrastructure without the need fo
    Read More
  • What's next for traffic management and data collection?
    January 26, 2012
    As the technologies and stakeholders in traffic management evolve, what can we expect to see happening in the coming years? For many, the conversation of the moment is just how, and how far, the newer technologies and services provided principally by the private sector should be allowed to intrude into the realms of traffic management.
    Read More

Highlighted Content