Dana previously held a non-controlling interest.
Headquartered near Detroit, Michigan, Dana says the acquisition of Pi Innovo enables it to increase its in-house electrodynamics capabilities and electrification product portfolio, by adding a library of turn-key electric vehicle application software, vehicle level controllers and auxiliary controllers.
“The extremely talented and experienced Pi Innovo team have provided exceptional modular software and controls solutions for original equipment manufacturers for more than 25 years,” said Dana chairman and CEO, James Kamsickas.
“Integrating Pi Innovo with Dana’s e-Propulsion software capabilities will further enhance our ability to provide value for our customers as they continue to accelerate their electric vehicle portfolio development.”
The software and controls experience of PI Innovo builds on Dana’s capabilities in designing, engineering and delivering vehicle integration for e-Propulsion systems.