NXP to buy automotive safety software firm TTTech Auto for $625M
Jan 07, 2025
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.
https://techcrunch.com/2025/01/07/nxp-to-buy-automotive-safety-software-firm-tttech-auto-for-625m/
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