M&A Deal Summary

NXP Semiconductors Acquires TTTech Auto

On January 7, 2025, NXP Semiconductors acquired technology hardware company TTTech Auto from Aptiv and AUDI for 625M USD

Acquisition Highlights
  • This is NXP Semiconductors’ 1st transaction in the Technology Hardware sector.
  • This is NXP Semiconductors’ 2nd largest (disclosed) transaction.
  • This is NXP Semiconductors’ 1st transaction in Austria.

M&A Deal Summary

Date 2025-01-07
Target TTTech Auto
Sector Technology Hardware
Buyer(s) NXP Semiconductors
Sellers(s) Aptiv
AUDI
Deal Type Divestiture
Deal Value 625M USD

Target

TTTech Auto

Vienna, Austria
TTTech Auto is specializes in safe software and hardware platforms for automated driving and beyond, applicable in series production programs. TTTech Auto is based in Vienna, Austria.

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Buyer(S) 1

Buyer

NXP Semiconductors

Eindhoven, Netherlands

Category Company
Founded 2006
Sector Semiconductors
Employees33,100
Revenue 12.6B USD (2024)
DESCRIPTION
Entrance to NXP Semiconductors' office in San Jose, California.
Entrance to NXP Semiconductors' office in San Jose, California.

NXP Semiconductors is a provider of semiconductors, system solutions and software that deliver better sensory experiences in mobile phones, personal media players, TVs, set-top boxes, identification applications, cars and a wide range of other electronic devices. NXP Semiconductors was founded in 2006 and is based in Eindhoven, Netherlands.


DEAL STATS #
Overall 7 of 8
Sector: Technology Hardware M&A 1 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Aviva Links

San Jose, California, United States

Aviva Links is a provider of Automotive SerDes Alliance (ASA) compliant in-vehicle connectivity solutions. Aviva Links was formed in 2020 and is headquartered in San Jose, California.

Buy $243M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 Kinara

Santa Clara, California, United States

Kinara is a provider of high-performance, energy-efficient, and programmable discrete neural processing units (NPUs). These devices enable a wide range of edge AI applications, including multi-modal generative AI models. Kinara was formed in 2015 and is headquartered in Santa Clara, California.

Buy $307M

Seller(S) 2

SELLER

Aptiv

Dublin, Ireland

Category Company
Founded 2011
Sector Automotive
Employees141,000
Revenue 19.7B USD (2024)
DESCRIPTION

Aptiv is a supplier of technologies for the automotive and commercial vehicle markets. England, Delphi operates major technical centers, manufacturing sites and customer support services in 32 countries. Aptiv was founded in 2011 and is based in Dublin, Ireland.


DEAL STATS #
Overall 4 of 4
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 4 of 4
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-13 Intercable Automotive Solutions

Bruneck, Italy

Intercable Automotive Solutions is a provider of automotive power distribution and connection technologies, with a comprehensive portfolio of insulated and over molded busbars for high voltage applications, as well as electrical centers, battery cell interconnect systems, and other power distribution technologies. Intercable Automotive Solutions is based in Bruneck, Italy.

Buy €595M
SELLER

AUDI

Ingolstadt, Germany

Category Company
Sector Automotive
Revenue 55.7B EUR (2019)
DESCRIPTION

AUDI is a German automobile manufacturer that designs, engineers, manufactures and distributes automobiles. AUDI is based in Ingolstadt, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-03 TTTech Auto

Vienna, Austria

TTTech Auto is specializes in safe software and hardware platforms for automated driving and beyond, applicable in series production programs. TTTech Auto is based in Vienna, Austria.

Buy -