Skip to main content
04/06/2017

ETAS acquired TrustPoint Innovation Technologies, Ltd.

Handshake Sherry Shannon-Vanstone, President and CEO of TrustPoint Innovation Technologies, Ltd. and ETAS Mana­ging Director David MacFarlane

Stuttgart, April 1, 2017 – ETAS GmbH has completed the acquisition of Canada-based TrustPoint Innovation Technologies, Ltd. Approval from antitrust author­ities has now been received. The contract for the acquisition was signed earlier in February. The parties have agreed not to disclose the purchase price. TrustPoint Innovation Technologies, Ltd. provides specialized security tools for Vehicle-to-X (V2X) communication and secure Machine-to-Machine (M2M) communication in the Internet of Things (IoT). The acquired company will be integrated into ETAS Embedded Systems Canada Inc., located in Kitchener, Ontario, which specializes in embedded systems security in collaboration with the ETAS subsidiary ESCRYPT GmbH.

“The successful completion of this acquisition strengthens ESCRYPT’s leading position in automotive cybersecurity. Moreover, we will expand our position in secure Machine-to-Machine (M2M) communication in the Internet of Things (IoT),” stated Dr. Thomas Wollinger, Managing Director of ESCRYPT GmbH.

About ETAS

ETAS GmbH is a wholly owned subsidiary of Robert Bosch GmbH, represented in twelve countries in Europe, North and South America, and Asia. ETAS' portfolio includes software development tools, software testing solutions, automotive middleware, data acquisition & processing tools, authoring & diagnostic solutions, automotive cybersecurity solutions, and end-to-end engineering and consulting services for the realization of software-defined vehicles. Our product solutions and services enable vehicle manufacturers and suppliers to develop, operate, and secure differentiating vehicle software with increased efficiency.

Press contact ETAS GmbH

picture of contact person

Anja Krahl

Senior Manager Press and Public Relations