Japanese automotive test systems organisation HORIBA is expanding its operation through the purchase of the global advanced vehicle engineering, research and product testing business operated by 4310 MIRA.
The investment, which was completed on 14 July, will see HORIBA expand its current portfolio, with a move into vehicle engineering and testing consultancy.
Both HORIBA and MIRA, now known as HORIBA MIRA, are set to benefit from the sale, which enables HORIBA to address the emerging areas of next generation mobility including electrified powertrain, intelligent vehicles and vehicle attributes technologies. By this integration, HORIBA can provide a comprehensive solution underpinned by a suite of test systems and advanced vehicle engineering capabilities.
The sale will allow MIRA to continue with its ambitious plans for growth by building on its unparalleled reputation in vehicle R&D, engineering and testing. The sale will also allow MIRA to invest in its current facilities and enhance its capabilities on a global scale.
The investment, which was completed on 14 July, will see HORIBA expand its current portfolio, with a move into vehicle engineering and testing consultancy.
Both HORIBA and MIRA, now known as HORIBA MIRA, are set to benefit from the sale, which enables HORIBA to address the emerging areas of next generation mobility including electrified powertrain, intelligent vehicles and vehicle attributes technologies. By this integration, HORIBA can provide a comprehensive solution underpinned by a suite of test systems and advanced vehicle engineering capabilities.
The sale will allow MIRA to continue with its ambitious plans for growth by building on its unparalleled reputation in vehicle R&D, engineering and testing. The sale will also allow MIRA to invest in its current facilities and enhance its capabilities on a global scale.
