WiTricity Acquires Qualcomm Halo
WiTricity, the industry pioneer in wireless power transfer, today announced the acquisition from Qualcomm Incorporated and Qualcomm Technologies, Inc. of certain technology platform and IP assets, which will bring over 1,500 patents and patent applications related to wireless charging that WiTricity will own or control. Through the transaction, Qualcomm Incorporated will become a minority WiTricity shareholder.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190211005215/en/
WiTricity Acquires Qualcomm Halo (Photo: Business Wire)
This acquisition will streamline technology development that enables automakers to deliver an EV charging experience that is seamless and efficient. By simply parking over wireless charging ground pads located at home, in garages, and public parking spots, EV drivers will be able to recharge hands-free, without the need for any bulky cables, virtually eliminating the need to ever plug in. Additionally, electrified autonomous vehicle (AV) fleets will require wireless charging since there will be no human drivers present to plug in.
“WiTricity’s wireless charging technology is key to the future of mobility which is clearly electric, and increasingly shared and autonomous,” said Alex Gruzen, CEO of WiTricity. “EV drivers and fleets demand a simple, effortless charging experience. Bringing the Qualcomm Halo technology into the WiTricity portfolio will simplify global interoperability and significantly accelerate commercialization. This is an exciting day for WiTricity, for automakers, for prospective EV buyers, and ultimately for any company deploying fleets of autonomous vehicles.”
Qualcomm Incorporated and WiTricity have been working collaboratively with global standards organizations, which currently leverage reference designs from each company. This acquisition will simplify ratification of the standard and help ensure interoperability across automakers. EV drivers will be able to use any standards-compatible pad to charge their vehicles.
“With Qualcomm technology and expertise, we have been able to deliver innovative automotive solutions, like Qualcomm Halo wireless electric vehicle charging (WEVC), not only to support the shared vision of a more efficient, safer and cleaner urban mobility, but also to transform the automotive experience,” said Steve Pazol, advisor, and former vice president and GM, Wireless Charging, Qualcomm Incorporated. “Qualcomm is confident that combining WEVC under WiTricity’s leadership will create accessibility to and demand by customers for this exciting technology.”
With all major car manufacturers and climate-focused nations like China racing to phase out internal combustion vehicles, the global electric vehicle market is at a tipping point. It is estimated that more than 120 million EVs will be on the road by 2030 with over $50 billion being invested in charging infrastructure. By 2040, 200 million EVs will be on the road in China alone; and globally, 559 million -- or a third of all cars. All of these could be charged simply and wirelessly with WiTricity’s unique technology.
The acquisition follows other significant recent milestones for WiTricity. The company has signed several new licensing deals including Mahle in Germany and Anjie Wireless in China. Earlier this year, Honda and WiTricity demonstrated their wireless vehicle-to-grid charging model at CES in Las Vegas, leveraging WiTricity’s DRIVE 11 wireless charging system. 2018 also saw the introduction of the world’s first vehicle that is factory equipped with wireless charging, the BMW 530e iPerformance sedan.
WiTricity develops solutions to enable wireless power transfer over distance using its patented magnetic resonance technology. WiTricity works with top global carmakers and Tier 1 suppliers to deploy wireless power solutions, helping realize a future of transportation that is electrified, shared and autonomous. See how WiTricity makes EV charging easy. Get to know WiTricity.
WiTricity technology licensing agreements have been announced with Toyota, Aptiv (formerly Delphi), Mahle, TDK, IHI, Shindengen, Daihen, BRUSA, and Anjie Wireless. Global corporate investors now include Qualcomm, Toyota, Intel Capital, Delta Electronics Capital, Foxconn, Haier, and Schlumberger. WiTricity is also collaborating directly with leading carmakers to drive global standards for wireless charging systems. Standards initiatives include the SAE International, International Electrotechnical Commission (IEC), International Organization for Standardization (ISO), STILLE, China Automotive Technology & Research Center (CATARC), China Electricity Council and the Chinese Electric Power Research Institute (CEPRI).
Melissa Mahoney / Allison Webster for WiTricity
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
ABS, Google Cloud and SoftServe Partner to Demonstrate Feasibility of AI-enabled Corrosion Detection24.4.2019 18:57:00 EEST | Tiedote
ABS, Google Cloud and SoftServe completed a pilot project applying artificial intelligence (AI) models to detect levels of corrosion and coating breakdown on ships and offshore structures. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424005822/en/ ABS, Google Cloud and SoftServe Partner to Demonstrate Feasibility of AI-enabled Corrosion Detection (Photo: Business Wire) The project successfully demonstrated the accuracy of AI in detecting and assessing structural anomalies commonly found during visual inspection. AI techniques could be further used to analyze images over time to understand corrosion and coating breakdown trends. “Digital innovation in AI will change how surveys and maintenance strategies are executed, driving more condition-based approaches to class and maintenance,” said ABS Chairman, President and CEO, Christopher J. Wiernicki. “We are building a future in which digital tools can remotely assess the co
The 2019 .eu Web Awards Launch Today24.4.2019 17:13:00 EEST | Tiedote
The .eu Web Awards is an online competition designed to acknowledge the best websites using the .eu or .ею extensions in five diverse categories. Anyone who is eligible according to the .eu Web Awards rules can nominate their favourite .eu or .ею. website. This includes .eu and .ею domain name holders themselves, who can nominate their very own website for participation in the .eu Web Awards. “After the successful edition of 2018 with 130 nominations and nearly 10 000 votes for excellent sites, we look forward to awarding the best websites in the five categories”- Giovanni Seppia, EURid External Relations Manager. The 15 finalists will be invited to the .eu Web Awards gala in Brussels on 20 November 2019 where the five winners – one per category – will be announced. The winners will receive a prestigious award package, including a two-month billboard advertising campaign in Brussels Airport, a custom video produced by EURid for their promotional purposes, and a custom trophy and person
The Valence Group Advises INEOS on Its Sale of INEOS Melamines and Paraform to Prefere Resins Holding GmbH24.4.2019 16:54:00 EEST | Tiedote
The Valence Group Advises INEOS Enterprises, a division of INEOS (“INEOS”), on its sale of INEOS Melamines and Paraform to Prefere Resins Holding GmbH. The Valence Group acted as financial advisor to INEOS Enterprises on its announced sale of INEOS Melamines & Paraform to Prefere Resins Holding GmbH. The agreement covers sites in USA, Germany and Indonesia. INEOS Paraform is Europe’s second largest producer of Paraformaldehyde. INEOS Melamines is a world leader in the supply of melamine resins into coatings, paper, textile, tyre, rubber, and decorative laminates industries. Financial terms of the transaction were not disclosed. About The Valence Group The Valence Group is a specialist investment bank offering M&A advisory services exclusively to companies and investors in the chemicals, materials and related sectors. The Valence Group team includes a unique combination of professionals with backgrounds in investment banking and strategy consulting within the chemicals and materials ind
Centreon EMS Removes IT Monitoring Blind Spots between Hybrid, Multi-Cloud and Physical Networks24.4.2019 16:19:00 EEST | Tiedote
Centreon, a trusted provider of enterprise monitoring solutions for converging and hybrid IT infrastructures, today rolled out a new release of Centreon EMS, its flagship, end-to-end IT monitoring platform. The new release provides ITOps with holistic and contextual insights, through the integrations needed for today’s distributed, on-premise and multi-cloud - public, private and container - environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190424005610/en/ Credits: GIF file of Centreon GeoViews. Centreon’s EMS 19.04 release offers ITOps managing a host of legacy assets but now contending with increased cloud workloads and growing networks of connected objects, the integrated visibility needed to ensure end-to-end performance across diverse IT environments. This expanded functionality reduces costs and complexity, aggregating data from across the entire IT infrastructure into a single, holistic view of the various
Seoul Semiconductor Continues Enforcement against Infringement of Its LED Driver Patents24.4.2019 16:00:00 EEST | Tiedote
Seoul Semiconductor Co., Ltd. (KOSDAQ 046890) (“Seoul”), a leading global innovator of LED products and technology, announced that it has filed another patent infringement lawsuit for infringement of its LED driver patents, this time against SATCO Products, Inc. (“SATCO”). In its complaint, Seoul asserts that SATCO is selling various LED lighting products that infringe “eleven” (11) of Seoul’s patents covering LED driver technology, including U.S. Patent 7,081,722, U.S. Patent 9,807,828; U.S. Patent 8,513,899; and U.S. Patent 8,716,946. The asserted LED driver patents are widely used in replacement bulbs in the form of incandescent or fluorescent lamps, wall-mount lights, and ceiling lights. The patented technology covers products with a linear driver for directly operating LEDs under household voltage, a step operation driver for generating flicker-free lights, as well as a dimmable driver for realizing smart lighting. Seoul has successfully enforced its LED driver patents in several
Neustar Research Shows Large Attacks Growing as Multi-Vector Exploits Increasingly Become the Norm24.4.2019 16:00:00 EEST | Tiedote
Neustar, Inc., a trusted, neutral provider of real-time information services, today released its Q1, 2019 Cyber Threats and Trends report which highlights new areas of growth in Distributed Denial of Service (DDoS) attacks over the past year. The report affirms that DDoS attacks continue to be an effective means to distract and confuse security teams while inflicting serious damage to brands. The report reveals that while volumetric attacks over 50Gbps remain a relatively small segment of the overall threat picture at only 12% of attacks, their frequency has grown enormously when compared to the same period in 2018. The latest attacks morph over the course of the attack using a variety of ports and protocols to locate and exploit vulnerabilities. In Q1, 2019, over 77% of attacks used two or more vectors. In particular, the trend of targeting subnets and classless inter-domain routing (CIDR) blocks to slow or stop network traffic across the internet is a disruptive DDoS threat, identifi
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme