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visteon corp (VC) Key Developments

Visteon Corp. Names Joanne Maguire and Rouzbeh Yassini-Fard to the board of directors

Visteon Corp. reported that Joanne Maguire and Rouzbeh Yassini-Fard have been appointed to the company's board of directors, effective immediately. Maguire served as executive vice president of Lockheed Martin Space Systems Company from July 2006 until she retired in May 2013. Yassini-Fard is the founder and CEO of YAS Capital Partners. With the appointments, Visteon's board now consists of 10 directors, nine of whom are external and independent.

Visteon Corporation Extends Collaboration with Rightware

Visteon Corporation and Rightware have extended their collaboration to a strategic partnership to deliver UI and graphics solutions for the automotive industry.

Visteon Introduces Connected Vehicle with Verizon's LTE Multicast Technology

Visteon Corporation has introduced a connected vehicle equipped with Verizon's LTE Multicast technology. The Visteon Connected Vehicle Hub communicates with an embedded automotive telematics module designed to receive Firmware Over-the-Air (FOTA) updates using LTE Multicast technology - an automotive industry-first. LTE Multicast enables faster, more efficient delivery of content to connected vehicles, and is based on Enhanced Multimedia Broadcast Multicast Service (eMBMS). The Visteon Connected Vehicle Hub and LTE Multicast from Verizon allow automakers to simultaneously transmit FOTA updates to vehicles in an entire fleet, manufacturing plant or region. This network technology is a more efficient and economical option than current solutions because it significantly optimizes network resources to reach many vehicles simultaneously.

Visteon Corporation Appoints Joanne M. Maguire and Rouzbeh Yassini-Fard as Directors

Visteon Corporation announced that Joanne M. Maguire and Rouzbeh Yassini-Fard have been appointed to the company's board of directors, effective immediately. Maguire served as executive vice president of Lockheed Martin Space Systems Company, a provider of advanced technology systems for national security, civil and commercial customers, from July 2006 until she retired in May 2013. Yassini-Fard, an experienced entrepreneur in broadband technology, is the founder and CEO of YAS Capital Partners, a boutique firm specializing in broadband consulting, investment and research founded in 1997. Maguire also serves on the board of Freescale Semiconductor Inc. and Charles Stark Draper Laboratory. In addition to his role at YAS Capital Partners, Yassini-Fard is executive director of the University of New Hampshire Broadband Center of Excellence.

Visteon to Unveil Advanced Connectivity Solutions in Multiple Vehicles at 2015 International CES

Visteon Corporation will showcase advanced technology in three different passenger cars to demonstrate how it can increase a vehicle's value throughout its lifecycle by reducing warranty costs and enhancing the driving experience. Demonstrations will occur Jan. 6-9 at the Visteon booth (#20) in the Central Plaza of the Las Vegas Convention Center during the 2015 International CES. The consumer-focused vehicle addresses key consumer trends in infotainment including mass customization, place/time shifting of content and ubiquitous connectivity to Cloud services. Factory-provided and portable connectivity methods provide real-time data services that drivers crave, such as news, traffic and weather. The vehicle highlights a secure way to upgrade the infotainment system to include a smartphone connectivity solution. Because these refreshes are simple to make, the owner can regularly experience the latest in-vehicle electronics. The automaker-focused vehicle demonstrates Visteon's collaboration with Verizon to illustrate the connected benefits to auto manufacturers. By utilizing Verizon's LTE Multicast technology, automakers can simultaneously transmit Firmware Over-the-Air updates to vehicles in an entire fleet, manufacturing plant or region. The Visteon Connected Vehicle Hub coordinates and manages software levels and can upgrade every electronic module in the vehicle, including its next-generation reconfigurable instrument cluster platform 'LightScape D3.1' and infotainment system 'OpenAir I1.3'. Visteon's connected services solution helps automakers reduce warranty and network data costs, while helping ensure data security. The dual-focused vehicle showcases consumer convenience by allowing owners to bring their already installed apps and user settings from one vehicle to another. Additionally, the vehicle software learns owner preferences and makes improvements and enhancements to the user interface, further extending the experience. These capabilities open up new revenue streams for automakers and provide a means to safely upgrade new features and integrated connected apps. This customized user-experience helps build brand loyalty for the auto manufacturer.

 

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