Volvo Penta and Yamaha Motor in technological cooperation

 

Volvo Penta and Yamaha Motor in technological cooperation

AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a
technological agreement to develop boat control system.

Through the wholly owned electronics company, CPAC Systems, Volvo Penta
is developing world-leading electronic solutions, such as the electronic
platform.

This CAN-based network, which links the engine, transmission,
instrumentation and accessories in a single system, currently forms the
electronic base of Volvo Penta's product range for power boats.

The introduction of boat control system in the marine industry is going
to intensify in the years to come and, with a view to creating
technological synergies, Volvo Penta and Yamaha Motor have now signed an
agreement involving technological partnership.

This partnership will initially focus on Volvo Penta's existing
technology, but the parties are also planning to evaluate the
opportunities for cooperation in the marketing area.

“With electronics and state-of-the-art technology, boat owners today can
obtain access to fantastic systems and accessories, such as joystick
maneuvering”, says Volvo Penta's president, Göran Gummeson. “The
technology agreement between Yamaha Motor and Volvo Penta will create
the potential for both companies to further strengthen their customer
offering in the field of electronics.”

The technology agreement will take effect at the end of the year and a
selection of Volvo Penta's existing electronic solutions adapted for
Yamaha Motor is expected to be introduced within a few years.

December 6, 2010

For further information, please contact Mats Edenborg, SVP and Head of
Corporate Communication, AB Volvo Penta. Phone: +46 31 66 83 11 or
e-mail: mats.edenborg@volvo.com (mats.edenborg@volvo.com)