As we reported on July 1st, specialist automotive software business rFpro has been acquired by global testing systems business, AB Dynamics. rFpro, which provides driving simulation for ADAS, autonomous systems and vehicle dynamics, has been advised on its acquisition by Southampton law firm Clarke Willmott.
Already a supplier to AB Dynamics, rFpro also develops virtual representations of public roads, test tracks and racing circuits. Founded in 2007 as a project within an F1 team, the company will remain independent with its own brand, and will continue to supply other driving simulator and test equipment manufacturers in the automotive industry.
Chris Hoyle, rFpro’s founder, is staying with the company, focusing on the technical and creative side of the business.
James Routh, Chief Executive of AB Dynamics, said: “The acquisition fits squarely in our stated strategy to develop the group through organic and acquisitive growth. Importantly, it provides the group with direct access to the potentially high growth simulation-based verification market for ADAS and autonomous vehicles, which complements our existing track testing business.”
Kelvin Balmont, head of the corporate team at Clarke Willmott’s office in Southampton, UK said: “For over a decade rFpro has been at the vanguard of innovation within automotive simulation systems in the UK. As you might expect from a company that began life within the fast-moving arena of Formula 1 rFpro is all about results and, together with the fact that it will continue on as a stand-alone brand, the company looks likely to continue to go from strength to strength.”