Dana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics Capabilities
MAUMEE, Ohio, March 1, 2021 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has acquired Pi Innovo LLC a leader in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest.
Headquartered near Detroit, Michigan, USA, the acquisition of Pi Innovo enables Dana to increase its in-house electrodynamics capabilities and electrification product portfolio by adding a strong library of turn-key electric vehicle application software, vehicle level controllers, and auxiliary controllers.
"The extremely talented and experienced Pi Innovo team have provided ex