On April 1, 2021, Karakun AG will take over EXOKNOX GmbH based in Stuttgart (Germany). The German software company is one of the first start-ups to emerge from the Daimler AG innovation laboratory. All employees will be taken on, and the parties have agreed not to disclose the terms and conditions.
EXOKNOX’s offer is aimed at developers of technical systems such as simulation and test engineers or designers for whom functional component properties play an essential role. The software is considered a reference implementation of the FDX standard of the German Association of the Automotive Industry (VDA). FDX stands for “Functional Data Exchange” and enables a smooth exchange of development and simulation data between manufacturer and supplier.
“After a successful start in the corporate environment of a vehicle manufacturer, it was now important to find a partner with whom our product can be made accessible to the entire automotive environment”, says the old and new managing director of EXOKNOX GmbH Michael Baumann. “We are very proud to now belong to the Basel-based software company. Under the umbrella of Karakun, with his vast experience and know-how in software engineering, we will be able to make an important contribution to the digitization of development processes in the automotive industry.”
Hans-Dirk Walter, a member of the management and responsible for the automotive division at Karakun, explains: “We have been working very actively for some time on the challenges of digitization in the automotive industry. There is huge potential in this environment. Together with Lyzium, our Big Data platform for measurement and simulation data which was launched last year, we can offer an even wider range of solutions to simplify vehicle development. ”