◂ Announcements

Apr 2, 2020INVESTMENTGrenoble, France, France

NXP invests €8 million in Kalray for autonomous driving partnership

NXP Semiconductors made a strategic investment of €8 million in Kalray, acquiring approximately 9.95% of its share capital, to jointly develop safe and scalable solutions for autonomous driving.

Value

$9.00M (8.00M EUR)

Status

Announced

Productsprocessors for intelligent systemsautonomous driving solutions

CompaniesKalray NXP Semiconductors investor

Sectors#Semiconductors and Industrial Electronics #Automotive Components

“Kalray today announces a strategic investment from NXP Semiconductors N.V. for €8 million (approximately US$9 million)”businesswire.com

1 source
businesswire.comStrategic Investment of NXP in KalrayApr 2, 2020

Summarized from public sources; check the original articles before acting on it.

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