Continental intends to keep EB’s Automotive business as a separate unit—with its own EB brand—under the Continental umbrella. So, we will be retaining the EB business model and organizational structures currently in place, as well as maintaining the location of the company’s facilities.
In the new organization, EB will be even better positioned to drive the automotive software and business models of the future. By continuing to act as an independent unit focusing on software, we will offer the same value-added products and services, and maintain the same technology focus as we did before the acquisition. Our management remains stable, our team remains stable, and we will continue to grow our business.