NXP Semiconductors completes acquisition of TTTech Auto

NXP Semiconductors (NXPI) announced the completion of the acquisition of TTTech Auto, pursuant to the terms of the previously announced agreement from January 2025. The open and modular offering of the NXP CoreRide platform and TTTech Auto’s MotionWise safety middleware helps automakers overcome software and hardware integration barriers, while reducing complexity and development efforts and increasing scalability and cost-efficiency required for next-generation vehicles. To continue operating within an open industry ecosystem, TTTech Auto’s services will remain with neutral position, supporting various System-on-Chips manufacturers, OEMs and 3rd party software partners. This will advance SDV capabilities while maintaining stringent safety and performance standards and ensuring data protection.