At 11:25 am, Wipro shares were trading partially lower at Rs 555.70 on the BSEWipro has revealed a strategic collaboration with Aachen, a Germany headquartered FEV, to collectively develop software-defined vehicles.
The two organisations (Wipro and Aachen) have actually jointly set up development lab to develop vehicle usage cases, engineer scalable software application and establish system functions, Wipro said in a regulatory filing to the stock market.
We are excited to work together with FEV, one of the most respected names in the automotive industry, to collectively establish ingenious solutions for Software Defined Cars.
This is a significant step towards reinforcing our services in the vehicle and movement related markets worldwide, Thomas Muller, CTO - Engineering and R-D Providers, Wipro said.Wipro and Aachen will focus on research study, product development, options, and roadmaps allowing go-to-market for global customers.Meanwhile, Wipro has actually likewise broadened its partnership with Levi Strauss to support digital commerce.At 11:25 am, Wipro shares were trading partially lower at Rs 555.70 on the BSE.