NXP Semiconductors to acquire TTTech Auto in an all-cash deal for $625 million


NXP Semiconductors office in Silicon Valley

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  • NXP Semiconductors NV (NASDAQ:NXPI) on Tuesday said 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, makes unique safety-critical systems and middleware for software-defined vehicles (SDVs).



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