Software-Defined Vehicles
NXP Semiconductors Acquires TTTech Auto
NXP Semiconductors has announced that it will acquire TTTech Auto, a Vienna-based provider of safety-critical system and middleware solutions for software-defined vehicles (SDVs). The acquisition is expected to be an all-cash transaction in the amount of 625 million US dollars.
Subject to regulatory approvals, TTTech Auto will join NXP's automotive team with its management team, intellectual property, assets and approximately 1100 engineers. As part of NXP, TTTech Auto says it will continue to work with existing customers and further expand its global presence under the NXP brand. TTTech Auto has established business relationships with many leading automotive OEMs, empowering them to focus on the driving experience while its solutions optimize performance, safety, integration, and software updates.
The automotive industry is undergoing a profound transformation, shifting from conventional hardware-based designs to platform-based SDVs with increasingly sophisticated, interconnected hardware and software systems. This transformation enables feature upgradeability, data-driven services, and native cloud development. The SDV market will expand to 45% penetration of global auto production in 2027, reflecting a 48% CAGR between 2024 and 2027, according to S&P.
To compete successfully, global automakers need new SDV platforms and architectures capable of safely and securely handling the increasing complexity of software integration, bringing scalability and fast time to market.
NXP introduced its NXP CoreRide platform in March, 2024 to strategically address this significant market opportunity and help the automakers swiftly transition to SDVs. The NXP CoreRide platform features NXP’s S32 vehicle compute, networking, and system power management. NXP CoreRide is the industry’s first open SDV platform purpose-built to break through hardware and software integration barriers and simplify complexity, scalability, and cost. TTTech Auto augments NXP’s hardware proficiency with added software expertise, delivering a uniquely capable platform from which automakers can build SDVs.
NXP CoreRide platform and TTTech MotionWise as a Combination
TTTech Auto joined the community of NXP CoreRide software partners when NXP launched its innovative SDV platform in March, 2024. NXP’s inclusion of TTTech Auto’s safety and integration capabilities will enable even stronger hardware/software integration benefits for the global ecosystem of NXP CoreRide partners, further streamlining SDV development efforts for automakers.
TTTech Auto’s MotionWise middleware platform has a proven industry track record and features automated software deployment in automotive high-performance compute platforms. Its middleware is designed to dependably manage the interconnected systems in SDVs, prioritizing safety-critical functions while ensuring seamless integration and adaptability. MotionWise also lets automakers efficiently scale software across car models, streamline safety integration, and easily move or add safety-critical features; all while maintaining a robust safety backbone through a safety-by-design approach.
