Brief: UTAC Joins Capital Of Sogeclair's Subsidiary AVSimulation

Sogeclair SA

19/07/2022 16:40

July 19 (Reuters) - Sogeclair SA  SCLR.PA :
    * UTAC JOINS THE CAPITAL OF AVSIMULATION'S (SOGECLAIR)
    * WITH ENTRY OF UTAC INTO ITS CAPITAL, AVSIMULATION, A
SOGECLAIR
SUBSIDIARY, IS ACCELERATING DEVELOPMENT OF VEHICLE TESTING IN A
VIRTUAL ENVIRONMENT
    * CONCLUSION OF UTAC'S ENTRY INTO CAPITAL OF AVSIMULATION, A
JOINT
SUBSIDIARY OF RENAULT GROUP, DASSAULT SYSTÈMES AND OKTAL
(SOGECLAIR), DEDICATED TO DEVELOPMENT OF SIMULATION SOLUTIONS
FOR AUTOMOTIVE MOBILITY
    * OKTAL (SOGECLAIR) HOLDS 55.25%, UTAC 15%, DASSAULT
SYSTÈMES 15%
AND RENAULT GROUP 14.75% OF AVSIMULATION SHARES

Source text for Eikon:  ID:nGNE4DF4h6 
Further company coverage:  SCLR.PA 

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