Dimitar Valchev

Bosch Buys German Software Co with Sofia-based R&D Center

Bosch Software Innovations, a wholly owned subsidiary of German technology giant Bosch, plans to acquire Cologne-based ProSyst Software AG, which has a research and development unit in Sofia.

Agreements to this effect were signed on February 13, 2015, according to a media statement of Bosch.

ProSyst employs some 110 associates in Cologne, Germany, and Sofia, Bulgaria.