Munich/Mountain View, California.The BMW Group has acquired a stake in its associate Kinexon. The two companies have been working collectively for a number of years in order to advance the excellent digitalisation of the BMW Group production network. The premium carmaker introduced on Tuesday that it has now acquired a minority stake in the innovative, Munich-based software firm by way of its personal enterprise capital company, BMW i Ventures. The 2020 hyperlink with GM was a giant step for the Japanese automaker, which had lengthy eschewed huge strategic alliances.
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