Tue, January 14, 2025
Mon, January 13, 2025
Sun, January 12, 2025
Sat, January 11, 2025
[ Sat, Jan 11th ]: Yahoo
Best smart plugs in 2025
Fri, January 10, 2025
Thu, January 9, 2025
Wed, January 8, 2025
Tue, January 7, 2025
Mon, January 6, 2025
Sun, January 5, 2025
Sat, January 4, 2025
Fri, January 3, 2025
Thu, January 2, 2025
Wed, January 1, 2025

NXP to buy automotive safety software firm TTTech Auto for $625M

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. e-safety-software-firm-tttech-auto-for-625m.html
  Print publication without navigation Published in Automotive and Transportation on by TechCrunch
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
NXP is to acquire TTTech Auto, a company specializing in safety software for autonomous vehicles, in an all-cash deal valued at $625 million.
NXP Semiconductors has announced its acquisition of TTTech Auto, a company specializing in automotive safety software, for $625 million. This strategic move aims to bolster NXP's offerings in the automotive sector, particularly in the areas of advanced driver assistance systems (ADAS) and autonomous driving technologies. TTTech Auto is known for its expertise in safety-critical software solutions, which are essential for ensuring vehicle safety and reliability. The acquisition will integrate TTTech Auto's MotionWise software platform into NXP's portfolio, enhancing their capabilities in real-time networking, safety, and security for automotive applications. This deal reflects the growing trend of consolidation in the automotive tech industry, where companies are seeking to expand their technological capabilities to meet the increasing demand for safer and more autonomous vehicles.

Read the Full TechCrunch Article at:
[ https://techcrunch.com/2025/01/07/nxp-to-buy-automotive-safety-software-firm-tttech-auto-for-625m/ ]