The Bosch Group

The Bosch Group Overview

The Bosch Group is a leading global supplier of technology and services. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. Robert Bosch Technologies Israel Ltd. is a wholly-owned subsidiary which focuses on Artificial Intelligence (AI) research and open innovation. The AI research group in Haifa, an integral part of Bosch Center for Artificial Intelligence (BCAI), focuses on research and academic collaboration in the fields of Deep Learning, Reinforcement Learning, and Computer Vision. Main initial applications are in the areas of Autonomous Systems and Industrial Robotics In parallel, As part of Bosch's drive to internationalize research, the open innovation team connects Bosch Corporate Research with leading-edge technology and innovation in the Israeli ecosystem. Their mission is to boost collaboration with Academia, Industry, and with innovative startups in distinctive leading fields in Israel, such as Artificial Intelligence, Computer Vision, Cybersecurity, IoT, Autonomous Systems, and Robotics. .

Latest News

Sep 5, 2022 · www.calcalistech.com

growth-positive

Bosch to acquire Elmo Motion Control for $700 million | CTech

Israeli company Elmo Motion Control is being acquired by German corporation Bosch for $700 million. Elmo, founded in 1988, develops motion control intelligence solutions and manufactures servo drives and network motion controllers. The acquisition will have a growth-positive impact on Elmo Motion Control.

Acquisition

Sep 7, 2020 · www.calcalistech.com

growth-positive

Bosch, Electra to set up HVAC manufacturing facility in Israel

German multinational Bosch GmbH is collaborating with Electra Consumer Products Ltd. to set up a manufacturing facility and technological park for HVAC technologies in Ashkelon, Israel. The companies will invest a total of NIS 100 million ($29.6 million) in the new facility. Bosch subsidiary Bosch Thermotechnik GmbH and Electra Industries Ltd. have acquired joint control over Electras HVAC arm, with Bosch owning 40% of the new plant. The facility is expected to employ 300 workers and engineers and will be launched in early 2022. The partnership aims to export HVAC systems worth NIS 600 million ($177.6 million) by 2027 and control 10% of the European heat pump market in four years. Electra plans to reach 12 new markets with its HVAC systems through the partnership.

InvestmentAcquisitionPartners

Jun 22, 2016 · www.automotiveworld.com

growth-positive

Bosch establishes research office in Tel Aviv Automotive World

The Bosch Group has established a research and technology office in Tel Aviv, Israel, to collaborate with scientific institutions and start-ups in fields such as machine learning, robotics, cybersecurity, connectivity, and IoT. The company aims to identify innovative start-ups at an early stage and work closely with them. Bosch CEO Denner praises Israels innovative strength and the high number of start-ups in Tel Aviv. The companys venture capital subsidiary, Robert Bosch Venture Capital, also has an office in Tel Aviv and has made investments in five Israeli start-ups. Denner highlights Israel as an attractive market for Boschs products, with a dynamic market development and high GDP per capita.

PartnersInvestment

Team Members

3

Employees: 11-50

Web & Social Links

Locations

Haifa, Israel

Aluf Kalman Magen Street 3, Tel Aviv, Israel

Germany

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