Bosch agrees to acquire FiveAI
Bosch signed an agreement to acquire FiveAI and add its automated-driving software team to Bosch Cross-Domain Computing Solutions.
Evidence notes
- Bosch announced the acquisition agreement on April 12, 2022, after the contracts were signed earlier that month.
- FiveAI employed roughly 140 people across six UK locations and developed engineering software for safe automated-driving systems.
- The parties withheld financial terms, and completion remained subject to antitrust approval at announcement.