ETAS Acquires System House ESCRYPT

ETAS GmbH has completed the acquisition of ESCRYPT GmbH, a system house specializing in embedded system security technologies and solutions, headquartered in Bochum, Germany. Approval from antitrust authorities has now been received. The contract for the acquisition was signed earlier in April 2012. ESCRYPT GmbH will remain a legally autonomous entity and will continue to be headed by longstanding managing directors Dr. Thomas Wollinger, Dr. Jan Pelzl, and Dr. André Weimerskirch. Future plans for ESCRYPT include, in addition to its successful products and services already established in the market, further expansion of the service portfolio in the areas of industry and system solutions. ESCRYPT is a leading system house with security solutions for embedded electronic systems. Its solutions are deployed in the automobile sector and in a variety of other industries, such as medical and automation technology, chip and information technology, and mechanical engineering.

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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.