Economy & Politics

Daimler sells start-ups to IT entrepreneurs

The car sharing platform Car2Go, among other things, emerged from the think tank Lab 1886. Photo: Daimler AG

The future laboratory is to become an open platform for ideas: The Stuttgart car manufacturer Daimler officially parted with the Lab 1886 in Berlin.

Stuttgart – As previously reported, the car manufacturer Daimler is separating from its think tank Lab1886. The majority, including the projects, will be sold to an investment company owned by Ulrich Dietz, the IT entrepreneur and main shareholder of the Stuttgart IT service provider GFT, as Daimler announced on Tuesday.

The car manufacturer only retains a ten percent stake in the new company 1886 Ventures, with GFT Technologies SE holding another ten percent. Part of the Berlin Lab 1886 team is also moving to the Deloitte consultancy. No information was given on financial details.

Read here: New start for the Lab 1886 innovation laboratory

The aim is to make the Lab 1886 an open platform for innovations, it said. A possible sale or closure had been speculated for a long time and again and again. Most recently, “Wirtschaftswoche” and then other media reported on the specific plans with Dietz. Among other things, Daimler’s car-sharing platform Car2Go once emerged from Lab 1886.


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