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Dutch chipmaker NXP agrees to buy TTTech Auto, a Vienna-based automotive safety software provider, for $625M in cash, aiming to boost its automotive operations (Toby Sterling/Reuters)

January 7, 2025

Toby Sterling / Reuters:
Dutch chipmaker NXP agrees to buy TTTech Auto, a Vienna-based automotive safety software provider, for $625M in cash, aiming to boost its automotive operations — Dutch computer chip maker NXP said on Tuesday it has agreed to buy Austria’s TTTech Auto for $625 million, to strengthen its automotive operations.

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Dutch chipmaker NXP agrees to buy TTTech Auto, a Vienna-based automotive safety software provider, for $625M in cash, aiming to boost its automotive operations (Toby Sterling/Reuters)

Dublin-based payments startup NomuPay, formed in 2023 from some of Wirecard’s regional payment licenses, raised a $37M Series B at a $200M valuation (Ingrid...

Micron plans to invest $7B over the next several years to expand its manufacturing footprint in Singapore, with a new HBM chip plant set...

NHTSA: software fixes accounted for 15% of US automotive recalls in 2024, up from 6% in 2019, as traditional carmakers struggle with managing software...

Inside Naver’s 1784, a 36-level office tower in Seoul, which has ~4,500 employees working with 120 robots and serves as a testbed for various...

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