NXP absorbs Austrian SDV partner TTTech Auto

NXP is paying 625 million dollars in cash for Austrian automotive software outfit TTTech Auto. Spun off from the safety-critical system specialist TTTech Group, the Vienna-based company offers middleware for software-defined vehicles (SDV), which boost performance, safety, integration and over-the-air software updates that enhance the driving experience. NXP is particularly interested in TTTech’s flagship product, the Motionwise platform for automated driving and advanced driver-assistance systems.

In March last year, TTTech Auto was one of the companies that joined NXP’s SDV Coreride platform at launch. Coreride is purpose-built to break through hardware and software integration barriers and simplify complexity, scalability and cost. “TTTech augments NXP’s hardware proficiency with added software expertise, delivering a uniquely capable platform from which automakers can build SDVs,” NXP writes in a press release.

“The emergence of intricately connected and adaptive frameworks in SDVs highlights the need for middleware to tackle challenges in integration, safety and scalability. NXP and TTTech Auto both clearly recognize this need and share the same vision for SDV transformation. Together, Motionwise and NXP Coreride empower automakers with a robust SDV foundation, ensuring seamless coordination of diverse systems that help automakers deliver innovative features while maintaining reliability and safety at scale,” comments Dirk Linzmeier, CEO of TTTech Auto.

Pending regulatory approvals, TTTech Auto including its management team, intellectual property, assets and approximately 1,100 engineering staff will join NXP’s automotive team.