Chipmaker NXP to buy Austria's TTTech Auto for $625 million

By Yahoo! Finance   |   1 week ago
Chipmaker NXP to buy Austria's TTTech Auto for $625 million

Dutch chip maker NXP is acquiring TTTech Auto for $625 million to enhance its automotive sector. The deal aims to combine NXP's chip expertise with TTTech's safety software solutions for cars. This move reflects a shift towards software determining vehicle design.

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