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There has been consolidation among automotive engineering service providers as well as acquisitions by automotive OEMs in order to build their research and development capabilities. Several acquisitions in recent years include Capgemini acquiring Altran to create a global digital transformation leader, Groupe PSA merging with FCA, and Aricent being acquired by Altran to accelerate growth in engineering R&D. Automotive OEMs like Renault have also acquired technology companies to enhance connected vehicle ser

Author

aman verma

Language

EN