Bosch acquires another autonomous driving firm
By Will Hall - 23rd May 2022
Germany / UK – Robert Bosch GmbH, based in Stuttgart, Germany, is set to acquire Five AI Ltd, a start-up specialising in autonomous driving software based in Cambridge, UK. The acquisition adds to Bosch’s autonomous mobility portfolio following the announcement that it was acquiring German firm Altatec GmbH earlier in April of this year. The financial details of this acquisition will not be disclosed.
Five currently has around 140 employees at six locations across the UK and will be integrated into Bosch’s Cross-Domain Computing Solutions division upon the completion of the deal.