VW’s Car.Software Acquires Camera Software from HELLA

Hella has sold their front-camera software business to Volkswagen to raise around €100m. Hella suffered punishing consequences from the pandemic in the first quarter of their new 2020–21 financial year, and had already felt the effects of softening car markets in the previous financial year. CEO Rolf Breidenbach (photo) justified his company’s exit from the…
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