Stellantis has entered an agreement to acquire AI and autonomous driving software developer aiMotive.

aiMotive’s technology product portfolio is focused on four key areas within artificial intelligence and autonomous driving

The deal will enhance the global automaker’s artificial intelligence and autonomous driving core technology and advance the mid-term development of STLA AutoDrive, its autonomous driving tech platform.

“Acquiring aiMotive’s world-class artificial intelligence and autonomous driving technology is an important contribution to becoming a sustainable mobility tech company,” said Yves Bonnefont, Stellantis chief software officer. “aiMotive’s class-leading expertise and startup spirit will accelerate our journey to deliver our Dare Forward 2030 goals.”

aiMotive is based in Budapest, Hungary, with offices in Germany, the US and Japan, with over 200 employees worldwide, including engineers with advanced artificial intelligence and autonomous driving expertise.

Its technology product portfolio is focused on four key areas within artificial intelligence and autonomous driving: its aiDrive embedded software stack for autonomous driving; the aiData artificial intelligence operations and data tooling; aiWare expertise and intellectual property for silicon microchips and the aiSim software simulation for development of autonomous driving.

The business will operate as a subsidiary of Stellantis, overseen by a board of directors established by the automaker and with company founder László Kishonti still onboard as CEO. It will continue selling three areas of its current technology product portfolio, including aiData, aiSim and aiWare, to other partners.

Completion of the acquisition is subject to regulatory approvals.