Arccore
Open source software to the automotive industry.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 45 % | 39 % | 12 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (1 %) | 5 % | 9 % | 10 % |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (3 %) | - | 4 % | (1 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Arccore, founded in 2006, established itself as a specialized provider of software products for the automotive market. The company was started by a team that included Michael Svenstam, who also served as CEO. From 2009, Arccore's primary focus shifted to the AUTOSAR (AUTomotive Open System ARchitecture) standard, a global benchmark for automotive ECU software.
The company's business model catered to the entire software development lifecycle by offering a dual-license approach. This included an open-source option for evaluation and trial purposes and a commercial license for prototyping and mass-production. Arccore's main products were Arctic Core, an embedded software platform, and Arctic Studio, an Eclipse-based tool chain for development. This suite provided a comprehensive platform for creating automotive electronic control units (ECUs), featuring services for communication, diagnostics, and safety compliant with ISO 26262. The platform was designed to simplify development through software reuse and improve code quality, a response to the increasing mandate by automotive OEMs for the use of the AUTOSAR standard.
Strategically expanding its global footprint, Arccore established subsidiaries in Germany, India, the USA, and China to better serve the international automotive market. A significant milestone occurred on July 11, 2018, when the German embedded software specialist Vector Informatik acquired Arccore. This acquisition was a strategic move by Vector to strengthen its own AUTOSAR product and service portfolio, incorporating Arccore's team and technologies to drive further innovation, particularly in the AUTOSAR Adaptive platform for next-generation vehicle application computers.
Keywords: AUTOSAR, embedded software, automotive ECU, Arctic Core, Arctic Studio, automotive software development, embedded systems, ISO 26262, ECU development, software platform, Vector Informatik, automotive electronics, real-time operating system, diagnostic services, communication services, software reuse, Eclipse framework, dual-license model, open source automotive, commercial automotive software