Canadian Manufacturing

Magna adds over 120 new employees from Optimus Ride

by CM Staff   

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Magna's Optimus Ride team will remain in Boston as it continues to try and build its ADAS capabilities.

Magna strengthens ADAS capabilities with addition of 120 employees from Boston-based startup

AURORA — Magna has added more than 120 employees from Optimus Ride, a provider of autonomous vehicle and mobility solutions located in Boston, to try and enhance Magna’s capabilities in the field of advanced driver assistance systems (ADAS).

“Growing our engineering bench strength in sensing hardware and software helps accelerate our path forward in a rapidly growing ADAS market,” said John O’Hara, President of Magna Electronics.

The contributions expected from the Optimus Ride employees are a key focus for Magna as they try and build their ADAS capabilities and try and position themselves as a global ADAS provider with comprehensive capabilities.

The team remains in Boston’s Seaport district, establishing a Boston-based engineering center and presence for Magna in a community rich in engineering talent, leading academic institutions and robotics.

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“As advancements in autonomy continue, we saw an opportunity to bring in additional expertise to support current programs as well as future customer needs. We are happy to welcome the Optimus Ride employees to the Magna family,” added O’Hara.

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