SAILAUF, GERMANY
& ARMONK, NY
-
13 Sep 2006:
Magna Electronics, an operating unit of Magna International Inc., and IBM (
Magna Electronics and IBM's Technology Collaboration Solutions will partner in systems design, software development and engineering to enhance Magna Electronics' vehicle-based computing systems. This collaboration enables both companies to best compete in the growing electronics sector through the synergy of IBM's extensive technical resources in information technology with Magna's recognized expertise in the automotive industry.
"By combining the respective expertise of IBM and Magna Electronics, we expect to bring vehicle electronic systems with enhanced innovative features and functions to the automotive market more quickly and efficiently," said Matthias Arleth, vice president of Magna Electronics Europe.
"Advanced vehicle electronics and software have become crucial to automakers and their ability to differentiate their products in an increasingly competitive marketplace," said Adalio Sanchez, general manager, IBM Technology Collaboration Solutions. "Pairing IBM's software expertise with Magna's automotive expertise enables a new level of highly reliable, embedded systems innovation."
Contact(s) information
Glen Brandow
IBM Media Relations
(914) 766-4615
brandow@us.ibm.com
Daniel Witzani
Director, Corporate Communications Magna Europe
+43/2253/600-1015
daniel.witzani@magna-europa.com
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