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Continental acquires Quantum Inventions

By Niranjan Mudholkar,

Added 07 July 2017

Purchase puts Continental a step ahead in intelligent transportation systems, specifically in the area of city data

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Ralf Lenninger, head of the Continental business unit Intelligent Transportation Systems said, "Continental plans to double its current sales with mobility services by 2020. This alliance brings Business Unit Intelligent Transportation Systems a step closer to its goal of creating products, systems and solutions which, by 2025 will ensure 20 million better cars, better mobile lives for 25 million consumers and 20 better cities. I am delighted to welcome Quantum Inventions into the Continental family."

Saurav Bhattacharyya, CEO of Quantum Inventions added, "We are proud to be a part of Continental. With our combined strengths in the area of intelligent transportation systems, we are poised to provide a strong value proposition to customers, both OEMs and Cities, around the world."

Quantum's solutions are based on its proprietary state-of-the-art data technology platform which provides connected navigation, traffic and transportation intelligence, high-speed dynamic routing computation algorithms, and real-time probe data processing and analysis. The company has three business lines - Automotive, Telematics and Intelligent Mobility.

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