Last €4.10 EUR
Change Today +0.12 / 3.02%
Volume 264.8K
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As of 11:29 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

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01/27/15 - €4.16
52 Week Low
08/6/14 - €2.30
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elektrobit oyj (EBC1V) Details

Elektrobit Oyj is engaged in the development, production, and sale of software, equipment, and other products for the automotive and electronics industry in Europe, the Americas, and Asia. The company’s Automotive Business segment offers software products and research and development (R&D) services for carmakers, car electronics suppliers, and other suppliers to the automotive industry. This segment offers EB GUIDE, a human machine interface development and speech dialog platform; EB street director, a navigation software platform; EB Assist ADTF with tooling and a software development kit for driver assistance solutions; EB tresos line of software components used in electronic control units (ECU), as well as offers tools for their configuration; and engineering services concerning the software development for infotainment, driver assistance, and ECU in the automotive industry. Its Wireless Business segment provides products and product platforms for defense, public safety, and other authorities markets, as well as for the industrial use; and product development services and customized solutions for wireless communications markets, as well as for companies that need wireless connectivity for their products. This segment offers EB Tactical Wireless IP network for tactical communications; EB Tough VoIP for tactical IP-based communication; EB Wideband COMINT Sensor for signals intelligence; EB Counter RCIED Platform for electronic warfare; Android-based EB Specialized Device Platform; and EB LTE Connectivity Module for specialized markets, as well as R&D services, such as consulting, integration, and software and hardware development. The company was formerly known as Elektrobit Group Oyj and changed its name to Elektrobit Oyj in March 2007. Elektrobit Oyj is based in Oulu, Finland.

1,710 Employees
Last Reported Date: 11/6/14

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elektrobit oyj (EBC1V) Key Developments

VoiceBox Technologies and Elektrobit Partner to Make Connected Cars Understand Natural Language

VoiceBox Technologies has expanded its partnership with Elektrobit. The new agreement between the companies allows each to offer their combined solutions to deliver a multi-modal Human-Machine Interface (HMI) development platform enlivened by VoiceBox to the automotive world. Last year's technology collaboration, in which VoiceBox enabled Elektrobit's EB Guide with its patented Context Management and Conversational Voice technologies, demonstrated genuine innovation. Consumers can go beyond the traditional single-question, single-answer HMI approach because VoiceBox allows users to query multiple topics in any order that is natural for them, and to ask follow-up questions when needed. More recent advances include the incorporation of Deep Neural Networks (DNN) models that significantly improve large-vocabulary speech recognition.

Elektrobit Expands Horizons of Automotive Innovation at CES 2015

At CES 2015, Elektrobit is focusing on accelerating automotive software innovation with the announcement of its Silicon Valley Innovation Lab and demonstrations of its latest automotive software at the EB booth, in a technology concept car and reference vehicle with partner QNX Software Systems, as well as with automakers and partners throughout the CES show floor. In addition, the company will be joined by motorsports enthusiast and acclaimed actress Tricia Helfer on January 8 to discuss the "Future of Mobility" with Ford and EB executives at the Ford Broadcast Stage. The conversation will encompass the latest trends including the extension of consumer technologies into cars and motorcycles, head-up displays, and the increasingly important role played by navigation and driver assistance technologies in motor vehicles of all kinds. Helfer, known for her roles in futuristic TV shows such as Syfy's "Battlestar Galactica" and her new role on "Ascension," is especially curious as to how these technologies will factor into the highly automated and self-driving vehicles of the future. At its booth (North Hall #2107), EB will demonstrate its software as implemented in two current-model vehicles: the 2015 Mercedes-Benz E400, equipped with advanced driver assistance system (ADAS) software developed by EB, and the 2015 Volkswagen E-Golf with EB street director navigation software and EB GUIDE HMI software, as well as multiple EB tresos basic software and Functional Safety components that enable core automotive control unit functions.

Elektrobit Opens Automotive Software Innovation Lab in Silicon Valley

Elektrobit announced it is opening a development center in the San Francisco-Bay area to extend and establish the company's software and systems innovations for in-car connectivity and autonomous driving. Automotive investment in the Silicon Valley has grown dramatically over the past decade, with leading carmakers and automotive technology suppliers all having established facilities in the region. The EB Automotive Innovation Lab will focus on research and development associated with furthering the company's software solutions toward connected and autonomous driving. Learning from, collaborating with and contributing to the vibrant and innovative community of technology companies in the Silicon Valley is the next logical step for EB to build the software and systems needed by the automotive industry in the future. To this end, EB will build a team of engineers dedicated to working with emerging technologies and involved in research and pre-development activities with EB customers located in the Silicon Valley. The company will also explore partnerships with local companies with technologies that complement EB's software offerings.


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Valuation EBC1V Industry Range
Price/Earnings 41.5x
Price/Sales 2.1x
Price/Book 5.4x
Price/Cash Flow 23.6x
TEV/Sales 1.9x

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