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Porsche, a sports car maker owned by Volkswagen, said on Thursday that it was buying a stake in Cetitec, a software company based in Pforzheim, and that the two would work together in car digitization. At present, the acquisition is subject to the approval of the Federal Enterprise Joint Administration of Germany. The initiative is Porsche's positive layout in response to the trend that automotive software and electronic systems are becoming more and more important and complex.

"networking between cars and their surroundings, home networks and other vehicles will become the norm," said Mr. Michael Steiner, a member of Porsche's global board of directors and in charge of research and development. The ability to quickly introduce new features and services into the market will be a major competitive factor in the future. We need a software architecture that keeps pace with the times and appropriate solutions. Based on this, Cetitec is our ideal partner. "

Cetitec was independent from K2L Co., Ltd., located in Karlsruhe, Germany, in 2012 and currently employs about 100 people. The company specializes in software development of platform solutions in the automotive industry. Porsche has established a long-term partnership with Cetitec.

Porsche is currently acquiring a strategic stake in Cetitec to secure the future of digital automotive infrastructure. As a result, the sports car maker is further expanding its expertise in the software environment. At the same time, Cetitec will continue to be an independent supplier to provide its professional services and products for the automotive market.

Porsche also believes that the core success factor in Porsche's ability to meet the needs of current and future car users is the new end-to-end electronic system architecture, which is also part of the Volkswagen Group "E3" end-to-end electronic system architecture. It is understood that Porsche is currently developing the first model based on the new electronic system architecture, which is expected to be put into use in 2022.

Porsche's current sales have entered a period of decline, with global sales of 55700 new cars from January to March, down 12% from a year earlier. Cumulative sales in the domestic market in the first quarter were 16900, down 10 per cent from a year earlier.

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