Luxoft Acquires Symtavision

Luxoft has acquired Symtavision, a provider of automotive software tools and services for scheduling analysis, architecture optimization and timing verification. This acquisition expands Luxoft’s embedded software automotive offerings as the company seeks to fulfill its targeted end-to-end offering, the company states.

The acquisition will also help advance the development of advanced driver assistance systems. The technology introduces totally new challenges and significantly higher levels of design complexity, making the adoption of effective timing design, analysis and verification tools essential in their design.

“We are excited about the synergy between our two organizations,” said Georg Doll, automotive managing director at Luxoft. “Symtavision’s customer base and range of solutions are highly complementary to those of Luxoft. Their tools and services are deployed at some of the leading premium and volume car manufacturers and Tier-1 suppliers. It is also worth noting that a significant part of their revenue is driven from licenses, which is in line with Luxoft’s strategy.”

For more information, visit Luxoft.

Sources: Press materials received from the company and additional information gleaned from the company’s website.