Technology Group ZF and Software Company doubleSlash Intensify Their Partnership

1. October 2021 | Friday

Friedrichshafen, October 1, 2021 - ZF will increase its stake in the Friedrichshafen-based software company doubleSlash, which it acquired in 2016, from 40 to 51 percent as of October 1, 2021. doubleSlash will continue to operate independently and autonomously on the market. ZF and doubleSlash jointly develop software products and services for connected mobility.

doubleSlash Referenz ZF

"Over the past five years of successful collaboration, we have built up a strong basis of trust," says ZF Head of Development Dr. Dirk Walliser, explaining the expansion of the commitment. "As a specialist in connected mobility with an excellent reputation among customers in the automotive industry, doubleSlash is an innovative and long-term partner in our software ecosystem."

"Together with ZF as one of the leading global providers of technologies for the mobility of the future, we can continue our course of sustainable growth in the best possible way," says doubleSlash Managing Director Konrad Krafft. "Our customers will benefit from even better coordinated software solutions and will continue to have us at their side as an independent and reliable partner for connected mobility."

One example of software solutions that are developed jointly is over-the-air updates. Similar to a smartphone, the software functions of a vehicle can be kept up to date throughout the vehicle's life. The vehicle no longer needs to be taken to the workshop for this, but can receive the software via a mobile phone or WLAN connection, i.e. wirelessly or "over-the-air". As a specialist in automotive security, doubleSlash contributes its expertise in areas such as the secure transmission of data.

The turnover and employee figures demonstrate the positive development of doubleSlash: in the past five years, turnover has grown organically from 10 to 25 million euros and the number of employees has risen from 120 to 250. The company serves various well-known customers from the automotive industry, medical technology and other innovative sectors, which is why the software experts have also maintained offices in Munich and Stuttgart since 2011 and 2018 respectively. Founded in 1999, the company is currently building a software innovation center at its headquarters in Friedrichshafen, which doubleSlash will move into at the end of the year.

About ZF
ZF is a globally active technology group and supplies systems for the mobility of passenger cars, commercial vehicles and industrial technology. ZF makes vehicles see, think and act: In the four technology fields of Vehicle Motion Control, Integrated Safety, Automated Driving and Electromobility, ZF offers comprehensive product and software solutions for established vehicle manufacturers as well as for emerging providers of transportation and mobility services. ZF electrifies vehicles in a wide range of categories and, with its products, helps to reduce emissions, protect the climate and make mobility safer.
The company is represented by more than 150,000 employees at around 270 locations in 42 countries. In 2020, ZF generated sales of 32.6 billion euros.

Further press information and images can be found at: www.zf.com 


About doubleSlash
doubleSlash has stood for digital value creation since 1999 and is particularly committed to the implementation of digital strategies, automated business processes and innovative software products. 
With its IT expertise in the fields of Data Driven Services, Connected Things, Connected Mobility and Subscription Management, doubleSlash supports internationally operating companies. 
doubleSlash employs around 250 people at three locations with an annual turnover of around 25 million euros in 2020. The company is managed by Konrad Krafft and Andreas Strobel, as well as the team of Associated Partners.

Further information about the company: www.doubleslash.de