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

  • Intersection management, cooperative infrastructures - what next?
    February 1, 2012
    What do recent vehicle recalls mean for future cooperative infrastructures? Anthony Smith takes a look. As ITS industry stakeholders converge on Amsterdam for the 2010 Cooperative Mobility Showcase, an unprecedentedly wide range of technologies will be on display demonstrating what might be achievable in the future from innovations based on Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communications.
    Read More
  • Denmark expands EV charging infrastructure
    November 22, 2012
    Denmark’s electric vehicle (EV) charging infrastructure is to be expanded with the installation of fifty smart DC fast chargers. Electric mobility operator Clever has chosen power and automation technology group ABB to supply and maintain the fast chargers throughout Denmark. The companies say the ABB Terra 51 chargers, which are to be installed at strategic locations in the country, are ideally suited for freeway driving and has the capacity to fast charge electric vehicles in a matter of thirty minutes.
    Read More
  • Xerox a founding partner in connected vehicle initiative
    September 8, 2014
    Xerox joins a select group of companies, including Econolite, Iteris, Delphi, Denso, Bosch, Honda, Nissan, Toyota and General Motors, which will be the founding partners in the University of Michigan’s Mobility Transformation Center (MTC). Spanning such sectors as auto manufacturing, suppliers, ITS, insurance, telecommunications, data management, and mobility services, the MTC’s Leadership Circle will join with government and academic partners to lay the foundations for a commercially viable system of co
    Read More
  • The Traffic Group acquires ANPR supplier Mav systems
    March 8, 2018
    UK-based The Traffic Group (TTG) has acquired supplier of automatic number plate recognition cameras Mav systems (Mav) to provide a more extensive range of traffic solutions. It will also extend Mav’s international partners with a broader product portfolio from other TTG companies and present opportunities to cross-sell their market solutions to new regions. Steve Walker, co-founder and managing director of Mav, said: “In joining forces with TTG we are already seeing opportunities to develop enhanced pro
    Read More

Highlighted Content