Denso takes $5m stake in Airbiquity to advance OTA technology

Denso has taken a $5 million stake in Airbiquity, a US company which develops connected vehicle services and automotive telematics technology. Denso says the investment will accelerate the development of over-the-air (OTA) systems for wirelessly updating automotive software from a remote location. Tony Cannestra, Director of Corporate Ventures at Denso, says is investing in Airbiquity “to deliver safe and reliable automated driving technology”. Denso will develop OTA systems in cooperation with Toyota M
March 25, 2019 Read time: 1 min

8837 Denso has taken a $5 million stake in Airbiquity, a US company which develops connected vehicle services and automotive telematics technology.

Denso says the investment will accelerate the development of over-the-air (OTA) systems for wirelessly updating automotive software from a remote location.

Tony Cannestra, Director of Corporate Ventures at Denso, says is investing in 4943 Airbiquity “to deliver safe and reliable automated driving technology”.

Denso will develop OTA systems in cooperation with 1686 Toyota Motor and Toyota Tsusho by utilising Airbiquity's engineering capabilities and resources.

UTC

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