• Self-driving pods unveiled

    • September 17, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    The first of three ‘pod’ vehicles was unveiled in Milton Keynes on Tuesday as part of a pioneering project to trial automated vehicles in pedestrianised areas. The electric-powered LUTZ Pathfinder pod was presented to commuters and other members of the public outside Milton Keynes Central train station, with members of the Transport Systems Catapult project [...]
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  • Vehicle manufacturers commit to AEB

    • September 14, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Ten major vehicle manufacturers have committed to making automatic emergency braking (AEB) a standard feature on all new vehicles built, the US Department of Transportation, its National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) have announced. ‘We are entering a new era of vehicle safety, focused on preventing crashes [...]
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  • Vista Equity to buy Solera for $3.74 billion

    • September 14, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista’s [...]
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  • Solera engage in buyout talks

    • September 11, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion and a strategic company might have [...]
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  • Axalta announce new global innovation centre

    • September 10, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Axalta Coating Systems announced that its new Global Innovation Center will be located at The Navy Yard in Philadelphia. The 175,000 square foot facility will be home to Axalta’s global research, product development, and technology initiatives and partner with the Company’s other technology centers in the Americas, Europe and Asia-Pacific. The project is being developed [...]
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