NXP to buy automotive safety software firm TTTech Auto for $625M - Tech News Digest

Tuesday, 7 January 2025

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

Dutch semiconductor giant NXP on Tuesday said it plans to acquire TTTech Auto, an Austrian company specializing in safety software for autonomous vehicles, in an all-cash transaction valued at $625 million. TTTech Auto spun out of TTTech Group in 2018, with some $78 million in backing from the likes of AUDI, Samsung and GE Ventures. […]

© 2024 TechCrunch. All rights reserved. For personal use only.




via Tech News Digest

No comments:

Post a Comment