1. Home >
  2. M&A >
  3. Stake Purchase >
  4. United States >
  5. California >
  6. ZF Friedrichshafen AG and Continental Invest In Apex.AI

Investment Summary

ZF Friedrichshafen AG and Continental Invest In Apex.AI

On December 14, 2021, ZF Friedrichshafen AG and Continental invested in software company Apex.AI

Investment Highlights
  • This is ZF Friedrichshafen AG’s 1st and Continental’s 4th transaction in the Software sector.
  • This is ZF Friedrichshafen AG’s 2nd and Continental’s 7th transaction in the United States.
  • This is ZF Friedrichshafen AG’s 1st and Continental’s 1st transaction in California.

Investment Summary
Date 2021-12-14
Target Apex.AI
Sector Software
Investor(s) ZF Friedrichshafen AG
Continental
Deal Type Stake Purchase

Target

Apex.AI

Palo Alto, California, United States
Apex.AI is a developer of safe, certified, developer-friendly, and scalable software for mobility systems. Apex.AI's flagship product is Apex.OS, a robust and reliable meta-operating system that enables faster and easier software development for vehicles and safer autonomous driving solutions. Apex.AI's software development kit targets two main customer groups, the OEM developers who need to implement complex AI software integrated with the entire vehicle, and the autonomous driving developers who can now implement safety-critical applications with ease and reliability. Apex.AI is based in Palo Alto, California.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

ZF Friedrichshafen AG

Friedrichshafen, Germany
Category Company
Founded 1915
Sector Automotive
DESCRIPTION

ZF Friedrichshafen AG provides driveline and chassis technologies.

DEAL STATS #
Overall 7 of 7
Sector: Software M&A 1 of 1
Type: Stake Purchase M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 SIMI Reality Motion Systems

Unterschleissheim, Germany

Simi Reality Motion Systems GmbH offers a wide range of software and hardware for applications in the fields of sports science, sports tuition and training, medicine, industry, entertainment, and behavioral science.

Buy -
Investor

Continental

Hanover, Germany
Category Company
Founded 1871
Sector Manufacturing
Employees182,629
Revenue 39.7B EUR (2024)
DESCRIPTION

Continental is a tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide. Continental was founded in 1871 and is based in Hanover, Germany.

DEAL STATS #
Overall 21 of 21
Sector: Software M&A 4 of 4
Type: Stake Purchase M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Vitesco Technologies

Regensburg, Germany

Vitesco Technologies brings together the full expertise of drive technologies. The company’s aim is to develop innovative, efficient electrification technologies for all types of vehicles. Portfolio includes 48-volt electrification solutions, electric drives, and power electronics for hybrid and battery-electric vehicles. Vitesco Technologies was founded in 2019 and is based in Regensburg, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-03 Zonar

Seattle, Washington, United States

Zonar offers fleet management and mobility technologies for professional transportation fleets. Zonar was formed in 2001 and is headquartered in Seattle, Washington.

Sell -
Mergr

Solution for

Product

Company

Legal