News Release - Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities
- Majority of
Optimus Ride engineering team joins Magna - Bolsters Magna’s expertise in advanced sensing technologies
- Adds engineering center in
Boston area
AURORA, Ontario
“Growing our engineering bench strength in sensing hardware and software helps accelerate our path forward in a rapidly growing ADAS market,” said John O’Hara, President of
The contributions expected from the Optimus Ride employees will be valuable as Magna builds on its strengths and position as a global ADAS provider with comprehensive capabilities.
The team remains in Boston’s Seaport district, establishing a
“As advancements in autonomy continue, we saw an opportunity to bring in additional expertise to support current programs as well as future customer needs. We are happy to welcome the Optimus Ride employees to the Magna family,” added O’Hara.
TAGS
ADAS, technology, autonomous, software
INVESTOR CONTACT
louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACT
tracy.fuerst@magna.com, 248.761.7004
ABOUT MAGNA
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 154,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 90 product development, engineering and sales centres spanning 28 countries.
For further information about
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c144d34b-146d-4ac1-b762-e1973c987001
Magna strengthens ADAS capabilities with addition of 120 employees from Boston -based startup
Magna strengthens ADAS capabilities with addition of 120 employees from Boston -based startup
Source: Magna International Inc.