Luxoft Holding has announced the acquisition of Objective Software.
Objective implements its advanced technology solutions in the automotive sector, with a focus on connected cars and autonomous drive services for leading Original Equipment Manufacturers (OEMs) and suppliers.
This acquisition expands Luxoft’s ADAS, Autonomous Drive and Connected Mobility practices and illustrates a commitment to meet the growing demand for these services.
Upon completion of this transaction, Luxoft gains access to a range of IP-based solutions developed by Objective, including a tele-operated driving platform, cloud-based autonomous car-sharing, automotive cybersecurity solutions and a Lidar-based automated parking scanner.
These solutions, combined with Objective’s domain expertise, will enhance Luxoft’s design, development and implementation of next-generation software that empowers our clients to succeed in the mobility revolution.
Through Luxoft’s global ecosystem of 42 delivery centers, this acquisition will expand the scalability and reach of Objective’s offering within its existing footprint of leading German OEMs and their suppliers. It also strengthens Luxoft’s delivery capabilities in Germany, while adding a new office in Italy.