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  5. TTTech Auto Acquires Red Pine Software

M&A Deal Summary

TTTech Auto Acquires Red Pine Software

On January 7, 2020, TTTech Auto acquired software company Red Pine Software

Acquisition Highlights
  • This is TTTech Auto’s 1st transaction in the Software sector.
  • This is TTTech Auto’s 1st transaction in Turkey.

M&A Deal Summary
Date 2020-01-07
Target Red Pine Software
Sector Software
Buyer(s) TTTech Auto
Deal Type Add-on Acquisition

Target

Red Pine Software

İzmir, Turkey
Red Pine Software is a provider of embedded software applications focusing on automotive industry. Red Pine Software was founded in 2017 and is based in İzmir, Turkey.

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Buyer(S) 1

Buyer

TTTech Auto

Vienna, Austria
Category Company
Sector Technology Hardware
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2020 M&A 1 of 1
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