NXP Completes Acquisition of TTTech Auto to Accelerate the Transformation to Software-Defined Vehicles
Summary
NXP Semiconductors completed its acquisition of TTTech Auto. The deal expands NXP’s CoreRide platform with TTTech Auto’s MotionWise safety middleware for software-defined vehicles. The companies say the combined offering will help automakers reduce integration complexity, improve scalability, and lower development effort. NXP also says TTTech Auto will keep operating with a neutral position in the ecosystem and continue supporting multiple chipmakers, OEMs, and software partners.
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Content Management
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Automotive Software
Middleware Software
Safety and Security Software
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TTTech Auto
$250M to $500M