ZF positions for autonomous driving with $7B deal for Wabco

ZF Friedrichshafen has agreed to buy Wabco for more than $7 billion, an acquisition it has long targeted to bolster its expertise in trucks and driver-assistance systems. Transmissions supplier ZF has been on the lookout for a strategic partner as it foresees semi-autonomous driving functions and vehicle connectivity developing into important new business areas.

https://europe.autonews.com/suppliers/zf-positions-autonomous-driving-7b-deal-wabco