◂ Announcements

Jan 7, 2025ACQUISITIONAustria

NXP acquires TTTech Auto for $625M to bolster automotive software

NXP has agreed to acquire TTTech Auto, an Austrian technology firm specializing in middleware for software-defined vehicles, in an all-cash deal valued at $625 million.

Value

$625.0M

Jobs

1,100

Status

Announced

Productsautomotive middlewaresoftware-defined vehicle solutions

CompaniesNXP Semiconductors acquirer TTTech Auto target

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“This acquisition combines NXP's automotive portfolio with a leading global player in safety software solutions.”just-auto.com

1 source
just-auto.comNXP acquires TTTech AutoaranyamondalJan 7, 2025

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

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NXP acquires TTTech Auto for $625M to bolster automotive software · Endata