Flexible Electronics News

NXP to Acquire TTTech Auto

Looks to add leading software solution provider specializing in the systems, safety and security required for SDVs.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. announced that it has entered into a definitive agreement to acquire TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto, based in Vienna, Austria, is a leader in innovating unique safety-critical systems and middleware for software-defined vehicles (SDVs). TTTech Auto has established business relationships with many leading automotive OEMs, empowering them to focus on the driving experience while its solutions optimize performance, safety, integ...

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