NXP Semiconductors to Acquire TTTech Auto for $625 Million

January 9, 2025

NXP Semiconductors has entered into a definitive agreement to acquire TTTech Auto in an all-cash transaction valued at $625 million. TTTech Auto, based in Vienna, provides safety-critical systems and middleware for software-defined vehicles, and its management team, IP, assets, and ~1,100 engineering staff will join NXP’s automotive organization.

Buyers
NXP Semiconductors
Targets
TTTech Auto
Industry
IT Services
Location
Austria
Transaction Type
Buyout

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