The agreement, which is subject to examination and approval from the relevant competition authorities, will see both companies combine their expertise in automotive software engineering, focusing on areas relating to in-car systems and the digitalisation of corporate processes.
Goncalo Quadros, CEO of CRITICAL Software, said: “Critical TechWorks will build on our collective talent, expertise and interdisciplinary culture to deliver disruptive, game-changing innovations that will transform the future of the car. This agreement is a major milestone for CRITICAL Software and strengthens our international standing in developing forward-thinking technologies for sectors like the automotive industry.”
Critical TechWorks will be based in Porto (HQ) and Lisbon, where it will become a new centre of technological excellence in Portugal. Areas of expertise will include artificial intelligence, data analytics, smart factories, customer ecosystems, vehicle connectivity and car sharing services.
The announcement comes at a time when CRITICAL Software is celebrating 20 years of success, providing systems and software services for some of industries’ most important applications.