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Bosch to acquire 12 percent of Husqvarna

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Bosch has agreed to acquire shares in the long-established Swedish company Husqvarna. The acquisition will increase its shareholding to roughly 12 percent in the company’s share capital in total. Numbers were not disclosed. 

Husqvarna is listed on Nasdaq Stockholm. In acquiring these shares today, Bosch intends to strengthen the battery alliance between the two companies.

Husqvarna also includes the Gardena subsidiary and its Flymo brand, both of which are also partners in the Bosch Power Tools division’s “Power for All Alliance”. [Read more…] about Bosch to acquire 12 percent of Husqvarna

Mercedes-Benz and Bosch launch ‘world’s first’ driverless parking system approved for commercial use

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Mercedes-Benz and Bosch have reached an important milestone on the way to automated driving: Germany’s Federal Motor Transport Authority has approved their highly automated parking system for use in the P6 parking garage run by Apcoa at Stuttgart Airport.

This makes it the world’s first highly automated driverless parking function (SAE Level 4) to be officially approved for commercial use. The technological advancement of automated driving plays a key role in the mobility of the future.

With the vehicle and infrastructure taking over driving and manoeuvring, drivers will be able to turn their attention to other things, instead of time spent looking for a parking space and manoeuvring in tight parking garages. [Read more…] about Mercedes-Benz and Bosch launch ‘world’s first’ driverless parking system approved for commercial use

Bosch to invest a further €3 billion in chip manufacturing business

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From cars and e-bikes to household appliances and wearables – semiconductors are an integral part of all electronic systems. They are the motor that drives the modern world of technology.

Bosch recognized their growing significance early on and has now announced investment of further billions of euros in order to strengthen its own semiconductor business. By 2026, Bosch plans to invest another €3 billion in its semiconductor division as part of the IPCEI funding program on microelectronics and communications technology.

Dr Stefan Hartung, chairman of Bosch, says: “Microelectronics is the future and is vital to the success of all areas of Bosch business. With it, we hold a master key to tomorrow’s mobility, the internet of things, and to what we at Bosch call technology that is ‘Invented for life’.” [Read more…] about Bosch to invest a further €3 billion in chip manufacturing business

Bosch makes $250 million available for startups

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Despite the challenging business environment, the Bosch Group is raising its venture-capital funding for the current business year: its subsidiary Robert Bosch Venture Capital (RBVC) is setting up a new fund for startups; the fund has a volume of 250 million euros (approximately $250 million).

As a provider of venture capital, Bosch supports startups around the world whose technologies have the potential to improve quality of life and conserve natural resources.

“Our investments in startups promote technological progress in business and society,” says Dr Stefan Hartung, chairman of the board of management of Robert Bosch. “And we ourselves also benefit from this collaboration, since solutions to ever more complex tasks can frequently be found faster, more efficiently, and better in partnership with others.” [Read more…] about Bosch makes $250 million available for startups

Multiverse Computing to develop quantum digital twin for Bosch manufacturing facility

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Multiverse Computing, a quantum computing solutions provider, is collaborating in a research project with the Bosch Automotive Electronics plant in Madrid to leverage the power of quantum computing in the virtual replica or “digital twin” of a factory.

Multiverse is implementing quantum-based optimization algorithms at Bosch, delivering cutting-edge electronics components to several original equipment manufacturers around the world.

The Multiverse software solution will leverage data to assess the performance of individual equipment as well as broader production processes to enhance quality control and improve overall efficiencies, including energy and waste management. [Read more…] about Multiverse Computing to develop quantum digital twin for Bosch manufacturing facility

Geek+ and Bosch Rexroth extend partnership and implement advanced moving robot

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Geek+, an autonomous mobile robot maker, and Bosch Rexroth, a provider of drive and control technology, have signed a strategic channel agreement for North America in March 2022.

The partnership has already borne fruit in the form of a unique version of Geek+’s MP1000R moving robot augmented with the laser localization software ROKIT Locator by Bosch Rexroth.

These robots could automatically distribute materials to production line in Bosch Rexroth plant in Changzhou, China. (See video below.) [Read more…] about Geek+ and Bosch Rexroth extend partnership and implement advanced moving robot

Bosch acquires Atlatec to boost its autonomous vehicle offerings

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Bosch is expanding its expertise in automated driving and strengthening its market position with the acquisition of Atlatec, a developer of high-definition maps for autonomous driving and simulation.

Atlatec will become part of the Bosch Cross-Domain Computing Solutions division as an independently operated company. Bosch and Atlatec have now signed agreements to this effect.

Bosch says Atlatec is “one of the world’s most innovative providers of high-resolution digital maps for driver assistance and automated driving”. [Read more…] about Bosch acquires Atlatec to boost its autonomous vehicle offerings

Software-defined vehicles: Apple developing self-driving car chips with South Korean company

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Tech giant Apple is developing chips for self-driving cars in partnership with a South Korean company, according to various media reports.

A website called The Elec, which seems to be a South Korean electronics industry association website, is believed to have broken the story.

In the article, Apple is reported to be “developing the chip modules and packages to be used in its so-called Apple Car with a South Korean outsourced semiconductor assembly and test company”. [Read more…] about Software-defined vehicles: Apple developing self-driving car chips with South Korean company

Bosch machine learning trials go live on Fetch.ai

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Fetch.ai, a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, says the team of the “Economy of Things” (EoT) strategic advance engineering project at Bosch Research will be initiating machine learning trials on the Fetch.ai Collective Learning network.

The system will attempt to predict potential failures in Bosch’s machinery while maintaining data privacy.

The main focus of Bosch Research is the research and implementation of innovative new technologies. Bosch Research originally entered into a collaboration with Fetch.ai in 2019 and deployed a node on a Fetch test network in early 2021. [Read more…] about Bosch machine learning trials go live on Fetch.ai

Bosch produces its first semiconductor wafers through ‘fully automated’ fabrication process

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Bosch says it has produced the first semiconductor wafers through its “fully automated” fabrication process at its facility in Dresden, Germany.

The industrial giant describes it as “a milestone on the path to the chip factory of the future”.

Bosch says this is a key step toward the start of production operations at the factory, which is scheduled for late 2021. [Read more…] about Bosch produces its first semiconductor wafers through ‘fully automated’ fabrication process