Luxoft and LG Electronics partners to form a joint venture
The joint venture will bring together one of the most innovative automotive software engineering providers in the industry with one of the world’s leading innovators in technology and home entertainment.
“This new company strengthens Luxoft’s capabilities in the design, development and implementation of large-scale digital control cabins and mobility solutions based on open platforms,” said Dmitry Loschinin, executive vice president of DXC Technology and president and director Luxoft executive. “By combining the strengths of LG and Luxoft, we will create an unparalleled synergy to implement webOS Auto, the digital platform, which provides digital experiences for the consumer, for car manufacturers and their key partners.”
Luxoft will lead the implementation of the webOS Auto platform in systems incorporated in the automobile production stage through the contribution of its global distribution network and its engineering distribution organization at scale.
“The joint venture is based on the long and successful relationship between two companies with the goal of creating a synergistic effect on the next generation of consumer experiences,” said Dr. IP Park, president and chief technology officer of LG Electronics. “The combined execution and capabilities of Luxoft with its global distribution network will accelerate the implementation of webOS Auto on systems built into the production stage.”
Car manufacturers and their key partners, fleet operators and shared mobility service providers can now deploy webOS Auto to large-scale production systems, including:
- Digital cockpit systems
- Backseat entertainment (CSR) for traditional needs
- Backseat entertainment (RSE) with shared travel mode
- Display of the car’s center console for shared travel systems
It is anticipated that the joint venture will begin operations in the first quarter of 2020. The transaction is subject to regulatory approval and other ordinary closing conditions.
