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home / news releases / AGCO - Agco takes 2.53% stake in safety-certified software company Apex.AI

AGCO - Agco takes 2.53% stake in safety-certified software company Apex.AI

AGCO Corporation
AGCO (AGCO +2.6%) has announced that it has made a 2.53% equity investment in Apex.AI, an emerging leader in safety-certified software for mobility and driverless vehicles. Based on proven open-source software, Apex.AI’s software enables its customers to focus on developing value adding applications, while Apex.AI provides a strong development infrastructure. Apex.AI also has launched its Apex.Middleware product, which integrates all vehicle communication needs and enables the future deployments of semi-autonomous or driverless vehicles. “AGCO’s investment in Apex.AI further demonstrates our commitment to developing value-adding solutions for our customers that adhere to the most stringent standards and reliability requirements,” said Eric Hansotia, AGCO’s Chairman, President and CEO.

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Agco takes 2.53% stake in safety-certified software company Apex.AI
Stock Information
Company Name: AGCO Corporation
Stock Symbol: AGCO
Market: NYSE
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