The track looked fine at midday. By 5 pm, the light had dropped behind the ridge, the surface had changed from packed dirt to loose shale, and the headlights were showing maybe thirty meters of trail ahead, not enough to react to what came next. Nobody plans for that moment. Most builds aren’t ready for it either. [Read more…] about Safety Beyond the Pavement: Lighting and Traction for Dangerous Terrains
adas systems
Tata Technologies to acquire ES-Tec Group for €75 million
Tata Technologies, a product engineering and digital services company, has entered into a definitive agreement to acquire 100 percent equity shares of ES-Tec GmbH and its subsidiaries (collectively, ES-Tec Group) for a total cash consideration of €75 million.
The consideration will be paid over the next two years and includes performance-based earn-outs linked to strategic milestones. The transaction is expected to be EPS accretive from the first full year of operations itself.
Founded in 2006 and headquartered in Wolfsburg, Germany, ES-Tec Group is a premium automotive engineering services provider with deep domain expertise in Driver Assistance Systems (ADAS), Comfort Electronics, and E-Mobility. [Read more…] about Tata Technologies to acquire ES-Tec Group for €75 million