BlueBinaries to acquire MicroNova’s automotive testing business

BlueBinaries, a specialised engineering and technology partner to the mobility industry, has signed a definitive agreement to acquire the Automotive Testing Business of MicroNova AG, a Germany-based software and systems provider. The carved-out business will operate as a separate company within the BlueBinaries group under the new name NovaBinaries GmbH. With a projected annual revenue of $50 million, BlueBinaries plans to scale to $100 million in the immediate next years following this acquisition

Founded in 2017 and headquartered in Chennai, BlueBinaries is a specialised engineering and technology startup focused on the mobility industry. The company has built a global engineering footprint spanning India, Europe, North America, the Middle East and Asia, supporting leading automotive Original Equipment Manufacturers (OEMs) and technology companies across vehicle engineering, digital engineering, testing and homologation.

Headquartered in Vierkirchen near Munich, MicroNova AG has three decades of experience in developing advanced test and validation technologies for the automotive industry, including Hardware-in-the-Loop (HiL) systems, test automation platforms, virtualisation solutions and engineering services. Its solutions are widely used by leading European automotive companies, with EXAM (the flagship test automation product from MicroNova) supporting large-scale testing environments.

As an independent company within the BlueBinaries Group, NovaBinaries GmbH will combine MicroNova’s proven testing products and specialised domain expertise with BlueBinaries’ global engineering scale and customer reach. NovaBinaries GmbH will focus on delivering Software test solutions that includes HiL systems, Test automation, Virtual validation and Software Test Factories.

Commenting on the acquisition, Srinivas Aravapalli, Founder and CEO of BlueBinaries, said, "The acquisition of MicroNova’s industry-leading HiL Testing and Test Automation business represents a watershed moment in BlueBinaries’ journey towards absolute technological leadership in the global mobility ecosystem. By integrating these world-class validation and test automation technologies into our existing portfolio, we are uniquely positioned to offer an unmatched, end-to-end test offerings to our customers.”

Commenting on the acquisition, Kishore LM, Founder and COO of BlueBinaries, said, “The acquisition of Automotive Testing business from MicroNova is a strategic leap that enhances our ability to offer right technology solutions across automotive software testing. MicroNova’s technical depth, customer centricity, and regional strength align perfectly with our strategic vision to be the first partner choice for global customers complimenting our current portfolio.

Our intent is to offer these proven technologies and better solutions globally combining precision, engineering excellence, scale, and flexibility while the mobility industry moves into the SDV and AI era”.