About Magna Telemotive
Magna Telemotive is a Technology company based in Muhlhausen (Germany) founded in 2000, and was acquired by Magna in April 2016. Manufacturer of automotive infotainment parts. The company has 171 employees. Its focus areas include Semiconductors, Embedded Systems, Embedded Applications and Automotive. Its competitors include Vector and INCHRON.
Company details
Magna Telemotive manufactures the automotive infotainment parts. Offerings of the company include bus systems, infotainment, connectivity, driver assistance, vehicle diagnostics, electric mobility, EMC, data loggers, electronics for laboratory set-ups, and test tools for the complete vehicle. In addition, it offers software tools for testing and documentation. Clientele base of the company includes Audi, BMW, Daimler, Porsche, and Volkswagen.
- Headquarters Muhlhausen, Germany
- Employees 171
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website telemotive.de
- Social LinkedIn Facebook
- Acquired by Magna (Apr 2016)
- Annual Revenue$57.82 M (USD)-9as on Dec 31, 2022
- Net Profit$452.1 K (USD)as on Dec 31, 2022
- EBITDA$452.1 K (USD)200as on Dec 31, 2022
- Investors
- Employee Count171
- Acquired byMagna
(Apr 2016)
Investors in Magna Telemotive
Magna Telemotive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Magna International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Automotive components are manufactured and supplied to OEMs. | 1957 | magna.com | Aurora, Canada |
Investor details for Magna Telemotive
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Timeline of Magna Telemotive
2 dated milestones of Magna Telemotive across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Magna Telemotive is founded.
- Exit Acquired by Magna.
Competitors of Magna Telemotive
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vector.com | 1988 | Stuttgart, Germany | 82 | Embedded electronics and software solutions for automotive are developed. | ||
| inchron.com | 2003 | Potsdam, Germany | 16 | Tool-suite services for automotive embedded systems are offered. |
Detailed competitors of Magna Telemotive
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Frequently Asked Questions about Magna Telemotive
Magna Telemotive was founded in 2000.
Magna Telemotive is headquartered in Muhlhausen, Germany. It is registered at Muhlhausen, Thuringen, Germany.
Magna Telemotive has 171 employees.
Annual revenue of Magna Telemotive is $57.82M as on Dec 31, 2022.
Magna Telemotive manufactures the automotive infotainment parts. Offerings of the company include bus systems, infotainment, connectivity, driver assistance, vehicle diagnostics, electric mobility, EMC, data loggers, electronics for laboratory set-ups, and test tools for the complete vehicle. In addition, it offers software tools for testing and documentation. Clientele base of the company includes Audi, BMW, Daimler, Porsche, and Volkswagen.
Magna Telemotive has 1 investor. Key investors include Magna International.
Yes. Magna Telemotive was acquired by Magna in April 2016.