Dana Acquires Stake in Pi Innovo LLC
Dana Inc. has acquired a non-controlling stake in Pi Innovo LLC, a provider of embedded software solutions and electronics control units.
The investment “will further enable Dana to enhance its in-house electric vehicle capabilities by providing turnkey software and control solutions for its entire portfolio of technologies,” say Dana officials.
“Software and controls are essential in the functionality of increasingly complex e-powertrain architectures, playing a critical role in maximizing efficiency and managing the systems used throughout the vehicle,” says James Kamsickas, Dana chairman and CEO.
“Pi Innovo’s exceptional team of engineers leverage more than 25 years of experience to provide proven, safe, and flexible solutions to meet the growing demand for automotive embedded controls in the e-Mobility market and beyond.”