CHELMSFORD, ENGLAND: Visteon Corp., a global supplier of automotive systems, has signed a memorandum of understanding with BAE Systems, a global defense and security business, to develop in-vehicle electronics technology for the automotive market.
The technology co-operation combines BAE Systems' advanced scientific and engineering know-how with Visteon's wide range of automotive electronics solutions and proven system integration knowledge. Both companies are recognized for their expertise in developing electronic interfaces for end-user information and awareness systems, holding market-leading positions in their respective industries.
"This is an exciting cooperation that will allow both organizations to capitalize on our strong synergies and share technology solutions knowledge," said Bob Swanston, MD, Visteon Engineering Services. "With in-vehicle electronics advancing at a rapid pace, we believe this joint application of our shared industry experience can bring advanced solutions, more quickly, to benefit our customer base of global vehicle manufacturers."
James Baker, director of BAE Systems Advanced Technology Centre, said, "By collaborating with market-leading organizations such as Visteon, we are able to rapidly develop new technologies and capabilities, driving value in the consumer market and providing innovative solutions to support and protect our armed forces."