Friday, February 26, 2016

Luxoft Holding, Inc announced acquisition of Symtavision

Luxoft Holding, Inc, the BVI company providing software development services and innovative IT solutions, acquired Symtavision, a provider of automotive software tools and consulting services for planning, optimizing, and verifying embedded, real-time systems within all modern automobiles. Symtavision’s tools are focused on scheduling analysis, architecture optimization and timing verification. The company is headquartered in Braunschweig, Germany, has offices in Munich, Germany; Cologne, Germany and Troy, Michigan, and is supported by a network of distributors.

The acquisition of the BVI holding goes in line with its strategy of offering end-to-end solutions, by expanding its embedded software expertise into automotive sector. As the cars’ elements are moving from being hardware to software-defined, future demand will be connected with UTH-focused opportunities and solutions. Also, Luxoft sees growing opportunity created by the demand for tooling and expertise around real-time systems design and development.