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EB and Audi Electronics Venture Establish a Venture to Develop Software for In-Vehicle Infotainment

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Erlangen/Gaimersheim, GERMANY - EB, the leading supplier of embedded software and hardware solutions for automotive and wireless industries, and AEV, 100% subsidiary of AUDI AG, are launching a joint venture on 1 July 2009, based in Gaimersheim, Germany. The joint venture will concentrate on the development of a software framework for in-vehicle infotainment systems. EB will hold a 51% stake in the new company, with AEV holding the remaining 49%.
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