NXP to Acquire TTTech Auto for $625 Million to Boost Software-Defined Vehicle Capabilities

The acquisition strengthens NXP's automotive portfolio by integrating TTTech Auto's safety-critical middleware for advanced driver-assistance systems.

• NXP Semiconductors has announced an all-cash deal to acquire Austrian safety software firm TTTech Auto for $625 million, pending regulatory approval.
• TTTech Auto specializes in middleware solutions like MotionWise, which ensures real-time data processing and safety compliance for automated driving systems.
• The acquisition aims to enhance NXP's CoreRide platform, introduced in 2024, by combining hardware expertise with TTTech Auto's software capabilities for software-defined vehicles (SDVs).
• Approximately 1,100 TTTech Auto employees and its management team will join NXP, with the company operating under the NXP brand while maintaining existing customer relationships.
• The deal positions NXP as a stronger player in the growing SDV market, projected to reach 45% of global auto production by 2027, with a focus on scalability, safety, and faster time-to-market for automakers.

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