News from ETO
ETO GRUPPE, located in Stockach, Germany, is investing in the Swarm Logistics GmbH. The start-up from Stuttgart, Germany, has specialized in software development of fleet control systems for manned and unmanned transport systems. Together they intend to contribute significantly to the logistics of the future.
The Stockach-based ETO GRUPPE invests in the start-up company Filancore GmbH. Its innovative and secure solution for digital authentication within the Internet of Things enables the ETO GRUPPE to take another step closer to its vision:
To digitally network dynamic applications and process flows to make them even more secure, efficient and smooth through highly intelligent data management.
Together with its project partners Filancore GmbH and the Technische Hochschule Ingolstadt, ETO GRUPPE has received funding funding for the TRADE project as part of the BMBF (Federal Ministry of Education and Research) announcement "KMU-innovativ: Informations- und Kommunikationstechnologien". TRADE stands for TRustworthy Autonomous Driving by DEcentralized Authentication and Authorization and deals with the research and development of an identity management solution and original parts protection of in-car components taking into account all stakeholders in the automotive life cycle based on distributed ledger technology.
ETO MAGNETIC is one of Germany’s Most Attractive Employers 2021 among automotive suppliers. This seal of approval signals the high standards lived at ETO to customers and employees. In times of a shortage of skilled workers and changing values, this is particularly important for the recruiting process. For qualified and committed employees, soft criteria such as working climate, working conditions and a good work-life balance are particularly important, in addition to appropriate pay and optimal career opportunities. These are all factors that the renowned F.A.Z. Institute took a closer look at and rated as positive at ETO.
With the acquisition of the two companies inovel elektronik GmbH and inovel systeme AG based in Friedrichshafen, Germany, on July 1, 2021; ETO GRUPPE is expanding its portfolio, among other things, in the fields of agricultural technology, autonomous control systems and Internet of Things (IoT) platforms.