Announced
Completed
Financials
Tags
Single Bidder
United States
IoT solutions
computer software
artificial intelligence
Private Equity
Friendly
Majority
Private
Software
Acquisition
Cross Border
Completed
Synopsis
Aptiv, a global technology company that develops safer, greener and more connected solutions, completed the acquisition of Wind River, a global company delivering software for mission-critical intelligent systems, from TPG Capital, a private equity firm, for $3.5bn. "The automotive industry is undergoing its largest transformation in over a century, as connected, software-defined vehicles increasingly become critical elements of the broader intelligent ecosystem. With Aptiv and Wind River's complementary portfolios and decades of combined experience in delivering innovation in safety-critical systems, we will drive significant value for our customers," Kevin Clark, Aptiv President and CEO.
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