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Luxoft, a DXC Technology Company, Completes Acquisition of CMORE Automotive

ZUG, Switzerland–(BUSINESS WIRE)–Luxoft, a DXC Technology Company (NYSE: DXC), today announced the completion of its acquisition of CMORE Automotive, an independent services provider dedicated to the development and validation of AI-driven mobility systems.

Luxoft had announced a definitive agreement to acquire CMORE Automotive on March 5, 2020 and received final regulatory approval on March 24, 2020.

The acquisition builds on Luxoft’s capabilities in data-driven development, testing and validation of Autonomous Drive/Advanced Driver Assistance Systems (AD/ADAS) for Level 3 to Level 5 autonomous functions and strengthens the company’s ability to design and deploy transformative AD/ADAS programs for clients at scale.

“With CMORE Automotive, Luxoft will extend its spectrum of AD/ADAS initiatives, from enabling customers to amplify their fusion, perception and driving function development, testing and validation capacities to delivering transformative AD/ADAS solutions at scale. I want to welcome the CMORE Automotive team to the DXC family,” said Dmitry Loschinin, executive vice president, DXC Technology, and president and chief executive officer, Luxoft.”

“We are excited to be a part of the DXC family and it’s Autonomous Drive team and looking forward to accelerate customers’ in-car series projects with end-to-end AI-driven development, testing and validation of AD/ADAS solutions at scale.” said Richard Woller, chief executive officer, CMORE Automotive.

About Luxoft

Luxoft, a DXC Technology Company, (NYSE: DXC), is a digital strategy and software engineering firm providing bespoke technology solutions that drive business change for customers the world over. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. Luxoft combines a unique blend of engineering excellence and deep industry expertise, specializing in automotive, financial services, travel and hospitality, healthcare, life sciences, media and telecommunications. For more information, please visit www.luxoft.com.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the world’s largest companies trust DXC to deploy our enterprise technology stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at www.dxc.technology.

Cautionary Note Regarding Forward-looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent DXC’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside DXC’s control, and no assurance can be given that the results described in such statements will be achieved. Many factors could cause actual results to differ materially from such forward-looking statements with respect to the transaction announced above including risks relating to unforeseen liabilities, future capital expenditures, inability to achieve expected synergies, loss of revenues, delays or business disruptions. For a written description of risk factors that could cause actual results in DXC’s business to differ materially from forward-looking statements regarding those matters, see the


Automotive | Luxoft

What We Do

To empower our clients, we co-create the technology platforms of tomorrow and engineer them at scale.

Through our digital strategy and design agency, Smashing Ideas, we carry out service design projects for mobility service providers. Our industry practices leverage deep domain insights to enable consulting and engineering solutions in the areas of Digital Cockpit, Autonomous Drive and Connected Mobility. Through our Silicon Technology and Partners practice, we implement strategies through an ecosystem of partners to accelerate innovation.

Let’s empower the mobility revolution together – starting right now.

Digital Cockpit

We put stunning user experiences on the road from pixel to silicon

Personalized digital lifestyles have become increasingly important for consumers. Our world-class Digital Cockpit experts harness the technology you need for smarter, safer vehicles, and holistic, stunning user experiences. We combine deep understanding of all software layers with a team of remarkable user experience talent, to develop the digital cockpit of tomorrow’s vehicles with our customers. Our powerful, cross-skilled team brings product developments and UX enhancements to market, quicker.

Concept Engineering

Implementing early concepts and bringing them to life and enabling dreams to become reality through software in shows and exhibitions. We use advanced technologies and creative approaches to succeed in this very specialized domain.

User Experience Design

Providing stunning graphics, concepts and designs for fully functional, on-road user experiences.

HMI Development

We offer software development that provides the complete range of solutions in design, development and deployment of the most engaging, viable and top-performing interfaces between human and machine. Engage with us to take control of your HMI.


Luxoft develops automotive navigation functionality with our partners which enables differentiation with advanced features and map rendering. Integrating navigation technology into OEM and Tier1 platforms provides a more complete and consistent user experience, bridging the gap to mobile devices.

Software Integration

Enabling automotive companies to become software savvy, guiding them in the setup of software-focused agile organizations with blueprints, technology, tooling and years of experience in agile automotive setups.

Software Platforms

Driving, developing and collaborating with partners on a range of software platforms which we see essential for digital cockpit products to succeed on the market. This includes UI frameworks, middleware, embedded OS, hypervisors, safety components and industry initiatives.

Other Digital Cockpit Solutions

Providing solutions for Instrument Clusters, Head Units, Telematics, and Converged ECUs so you can develop more extensive, near real-time servicing and maintenance models.

Autonomous Drive

From driver assistance to full automation – we know the road

In the age of automated driving, we meet your current and future software needs. From sensors to driving functions, we have in-depth expertise in software platforms, perception algorithms, and safety-critical, embedded software development. We provide the agility and scale to co-develop safe mobility for everyone, with a vision to return valuable time to commuters and unclog our roads through vehicle sharing.

Software Development for Sensor ECUs

Creating production software from client-specific functions for lidar, radar, camera and ultrasound sensors, e.g. lane and distance keeping; we achieve outstanding quality