# KPIT Technologies acquires Technica Engineering

KPIT Technologies announced the acquisition of Technica Engineering, a specialist in automotive ethernet and system prototyping, to accelerate software-defined vehicle development. The deal is expected to close by end of October 2022.

- Type: Acquisition
- Announced: 2022-09-20
- Where: Munich, Germany
- Status: announced
- Products: automotive ethernet products, system prototyping, validation tools
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [KPIT Technologies](https://endata.com/companies/50973.md) (acquirer)
- [Technica Engineering](https://endata.com/companies/65417.md) (target)
- [Technica Electronics](https://endata.com/companies/65442.md) (target)

## Sources

- [automotiveworld.com](https://www.automotiveworld.com/news/kpit-and-technica-engineering-join-forces-to-accelerate-the-transformation-towards-software-defined-vehicle-sdv/), 2022-09-20: "With Technica Engineering, we will strengthen value and scale of operations across the stack."
- [kpit.com](https://www.kpit.com/news/kpit-and-technica-engineering-join-forces-towards-software-defined-vehicle-sdv/), 2022-09-21: "KPIT Technologies, a Global No.1 software integration partner for the automotive & mobility industry, announced the acquisition of Technica Engineering, a company specializing in production-ready system prototyping..."
- [techcircle.in](https://www.techcircle.in/2022/09/21/indian-auto-tech-firm-kpit-technologies-acquires-four-technica-group-cos-for-80mn), 2022-09-21: "The acquisition will create across-the-stack expertise, offering a one-stop shop for the industry to transform towards software driven vehicles (SDVs)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
