Bosch starts new division, acquires US carpooling startup


  • TECH
  • Wednesday, 21 Feb 2018

People read newspaper while sitting in a complete automatically driving development car by German auto parts supplier Robert Bosch in Abstatt near Stuttgart April 15, 2013. REUTERS/Michaela Rehle/Files

Germany's Robert Bosch on Feb 21 created a new division to expand its reach in the markets for ride services and connected vehicles and acquired a small US ride services company as part of the strategic shift. 

The carpooling startup Splitting Fares Inc, whose app connects people who share the same route to their place of work or study, will be part of Bosch's new Connected Mobility Solutions division, the world's largest automotive supplier said. 

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