Deal Snapshot
Dana Acquires Minority Stake in Pi Innovo
Thursday 29 October 2020

US-based automotive supplier Dana Inc. (NYSE: DAN) has acquired a non-controlling stake in Pi Innovo LLC, a specialist in embedded software solutions and electronics control units for the light vehicle, commercial vehicle, and off-highway markets, the company said.

The investment in Pi Innovo will further enable Dana to enhance its in-house electric-vehicle capabilities by providing turnkey software and control solutions for its entire portfolio of technologies.

Date Published: 29/10/2020