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New Deal


Announced

Completed

Aptiv and Audi completed a $285m investment in TTTech Auto.

Financials

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Transaction Value£209m
Consideration TypeCash
Capital Owned-
Capital Bid For29%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Minority

Private

safety software

auto technology

Austria

Auto Technology

Cross Border

Friendly

Synopsis

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Aptiv, a global technology company, and Audi, an automobile manufacturer, completed a $285m investment in TTTech Auto, a developer of a safety software platform for real-time control applications. "The next few years will be critical for the entire industry in the transition from automation to semi-autonomous driving and the software-defined vehicle. With MotionWise, we are supporting this industry transformation as an independent company with the most advanced safety software platform on the market. This funding will strengthen our position as a leader in automotive safety software and significantly increase our global footprint," Georg Kopetz, TTTech Auto CEO.

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