ZF is the world's leading supplier of automotive transmissions, chassis components, steering and safety systems. Now, the company plans to become the backbone in the emerging area of ​​automated driving. Radar is a key technology in object recognition. The radars deployed in the future will help autopilot and avoid accidents. Astyx is a small, high-precision technology company based in Ottobrunn near Munich and employs approximately 50 people. The company's main business is the production of short-range and long-range radar sensors and components, satellite technology, aerospace and industrial applications for the automotive industry. The company was founded in 1997 and was originally part of the Daimler-Benz Aerospace company (now the European Aerospace Defense Group EADS). It is reported that ZF is a stock purchased from the Hanover Financial Group and founding shareholders. On Wednesday evening local time, ZF CEO Stefan Summerer officially announced the acquisition, but he resolved to disclose the transaction price. Summer said: "Our 'observation-thinking-action' principle means that we will be committed to providing new senses and improved intelligence for the future of the car. As we increase investment in radar technology, we are strengthening the vision of future cars. ." After successfully acquiring the US supplier TRW Group at a price of US$12.4 billion, ZF issued its first unified financial report on Thursday. According to company reports, in 2016, ZF’s revenue was as high as 35.2 billion euros. In May 2015, ZF Group completed the acquisition of the United States TRW Automotive Group, and the combined company became the second largest auto parts supplier in the world. TRW was included in ZF's active and passive safety technology division. Now, the department has become a major platform for ZF to become a heavyweight company in the field of automated driving. As early as before the acquisition, the department has continued research and development of radar and other automated driving technologies. New investment department established After the acquisition of TRW, ZFZ established the venture capital Zukonft Ventures GmbH in 2016. The company is mainly used by ZF to acquire other technology start-up companies. The head of Zukunft and head of ZF's advanced engineering division, Tolsto Glesky, said Zukunft was set up to "support and accelerate ZF's strategic transformation." Gleski said: "With the addition of Astyx, we will easily acquire the next generation of basic radar technology, and we will work together with fellow colleagues of TRW to conduct in-depth research and development. After Astyx joins, in the field of complex environmental identification, We will get another technical advancement that will help us to achieve full autonomous driving in the future." Strong partner Astyx CEO Conter Trummer stated that the cooperation with ZF will enable the company to obtain a strong partner, and both of them will be able to systematically shape the general trend of car safety and automatic driving. Last year, Zukunft was also very interested in another emerging start-up company, Ibeo Automotive Systems GmbH. Ibeo is a laser radar and sensor fusion company based in Hamburg, Germany. At the same time, ZF also acquired a 40% stake in doubleSlash Net-Business GmbH, a car networking company based in Friedrichshafen, Germany. Good financial performance At the same time, ZF stated that as the company continues to integrate the resources of TRW Automotive, the company expects the adjusted operating profit margin this year will exceed 6%, and the Group's sales will reach 36 billion EUR. According to the financial report released on Thursday, ZF Group's adjusted EBIT in 2016 rose by 20% to 2.2 billion euros. Group sales rose 21% to 35.2 billion euros. ZF said that the company's good performance mainly benefited from “more excellent operating income and synergy with TRWâ€. As the group has more than 2 billion euros in cash flow, ZF successfully reduced its debt by approximately EUR 1.6 billion. Now the company's total liabilities are about 8.26 billion euros, and continued debt reduction in 2017 is still a major goal of the company. Supplier mergers and trends ZF CEO Summer said that after the acquisition of TRW by ZF and Intel’s acquisition of Mobileye, mergers and acquisitions in the automotive supplier industry will become a new trend. The complexity of self-driving cars is forcing high-tech software and semiconductor companies to cooperate with car suppliers and manufacturers. This new dynamic will encourage more mergers and acquisitions in the industry. Summer said: "Looking back at these mergers and acquisitions, all cases have very clear trading motives. This is the current situation, we also need to cooperate with other companies and will continue to cooperate in the future, and I expect more. Merger integration will occur."
20 Ton Forklift . Shantui are professional
Heavy Duty Forklift 20 ton manufacturer. The 20 Ton Diesel Forklift is with
imported Volvo engine. Standard mast is up to 4 meter. Has positioner, cabin
and air conditioner, 2.44m fork. Forklift Truck has been exported to South-East
Asia, Africa, Middle East, Australia; Europe with certificates ISO9001, CE,
Ghost, SGS, COC and CO...
As a world famous brand, Shantui can be in
the list of world top 50 Construction Machinery manufacturer is because of its
good quality. It has following advantages.
Convenient maintenance. The machine is with
instrument which can indicator the machine problem. Cabin is with tipping
structure when tilt the cabin, space is left for maintenance. Brake is
free of maintenance
Environmental performance. 20 tons forklift
is with Volve engine and US Perkins spare parts and it can meet European and
American emission standard.
Comfort. The machine is comfortable with
adjustable suspension seat and air conditioner.
Shantui products including Diesel Forklift , Electric Forklift, heavy duty
forklift, Gasoline Forklift , container forklift, Side Loader , Pallet Truck ,
construction machinery including shantui bulldozer, Wheel Loader , crawler
excavator, road roller, generator set, motor grader, truck crane, construction
machinery parts, Shantui Parts , Cummins engine parts, komatsu parts, and other
machinery parts.
20 Ton Forklift 20 Ton Forklift,20 Ton Diesel Forklift,20 Ton Biggest Forklift,20 Ton Capacity Diesel Forklift SHANDONG VOLIN HEAVY MACHINERY CO.,LTD. , https://www.shantuimachinery.com
ZF to enter autopilot
According to reports, Germany’s ZF Group has announced that it has acquired a 45% stake in the communication and sensing technology company Astyx Communication & Sensors GmbH. The two parties will jointly develop and produce UHF radar sensors and related components, which marks ZF’s acceleration. Enter the field of automatic driving.