JV in Automotive Software Engineering BMW and Critical Software Are Expanding their Cooperation

BMW und Critical Software haben das Joint-Venture Critital TechWorks im Bereich Automotive Software-Engineering gegründet.
BMW und Critical Software are forming a joint venture entitled Critital TechWorks for the field of automotive software engineering.

BMW and Critical Software are forming a joint venture to combine their expertise in the field of automotive software engineering. The two companies have reached an agreement to form a new comapny entitled Critical TechWorks, subject to approval from the relevant competition authorities.

Critical TechWorks will be bringing its expertise to bear in vehicle connectivity, cloud-based IT solutions and the digitalisation of corporate processes. The joint venture seeks to initiate interdisciplinary collaboration both in the customer-relevant fields of infotainment and digital services, and when it comes to the digitalisation and automation of product development, production and sales.

BMW’s stake in Critical TechWorks secures it access to the know-how and skills of a highly successful European software development company. The Lisbon and Porto locations are witnessing particularly dynamic growth in this sector. Together with the companies already located in Portugal, this is contributing to the emergence of a European technology ecosystem for the development of digital services and products.

At the same time, the company is increasing the number of IT and software development employees both in Germany and at its many other facilities around the world.