KPIT and Technica Engineering join forces to accelerate the transformation towards Software-Defined Vehicle (SDV)

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KPIT and Technica Engineering join forces to accelerate the transformation towards Software-Defined Vehicle (SDV)

KPIT and Technica Engineering join forces to accelerate the transformation towards Software-Defined Vehicle (SDV)

Technica Engineering is a pioneer in automotive ethernet integration, and its mastery over automotive networks is unmatched

MUNICH, GERMANY, September 21, 2022 /EINPresswire.com/ — KPIT and Technica Engineering join forces to accelerate the transformation towards Software-Defined Vehicle (SDV)

• Technica Engineering is a pioneer in automotive ethernet integration, and its mastery over automotive networks is unmatched

• KPITs’ intensive software program experience will get vertically built-in with Technica Engineerings’ production-ready system prototyping specialization making it a recreation changer for the business

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KPIT Technologies, a Global No.1 software program integration companion for the automotive & mobility business, introduced the acquisition of Technica Engineering, an organization specializing in production-ready system prototyping (mixture of community system structure, {hardware} prototyping, integration), automotive ethernet merchandise, and instruments for validation. This will create across-the-stack experience providing a one-stop store for the business to remodel towards SDV.

Technica Engineering is headquartered in Munich and has a presence in Spain, Tunisia, and the USA, with a staff of 600+ engineers.

The deal is predicted to be closed by the finish of October 2022, submit achievement of customary closing circumstances, and at the finish of it, Technica Engineering will likely be absolutely owned by KPIT Technologies. The deal will likely be EPS accretive upon consolidation.

“Mobility industry is using software to drive innovation and is creating a post-vehicle sale business model driven by delivering services to end consumers. We are constantly looking for possibilities to help accelerate our client’s vision. With Technica Engineering, we will strengthen value and scale of operations across the stack. We have common strategic clients who will benefit, and we also get access to leading disruptor mobility tech companies.” mentioned Mr. Kishor Patil, Co-founder, CEO and MD of KPIT Technologies.

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“SDV demands a significant change in the electronics architecture moving from distributed-low-compute devices to central-high-compute. Rapid prototyping of high-compute hardware and vehicle architecture is critical to validate changes in architecture as the industry makes this transition. Together we will offer a one-stop shop for the industry to migrate rapidly towards SDV by speeding up prototyping and software access and reducing workflow complexities for clients.” mentioned Mr. Anup Sable, CTO at KPIT Technologies.

“For the last 14 years, Technica has built a team passionate about cutting-edge tech in network architecture and system prototyping. A partner with a vision and value match was crucial to scale and create leadership in this space. We are delighted to find that in KPIT. We are confident that together we will play a key role in shaping the future of the mobility industry.” mentioned Mr. Joseba Rodriguez Martinez, CEO of Technica Engineering.

“Integration boundaries between system structure, {hardware}, and middleware software program are getting blurred. Our aim is to create production-ready system prototyping, community designs, communication drivers, tooling, and testing options that redefine the business benchmark.

The energy of software program competence of KPIT will make these options exponentially extra worthwhile.” mentioned Mr. Thomas Königseder, CTO of Technica Engineering

About KPIT Technologies

KPIT Technologies is a worldwide companion to the automotive and Mobility ecosystem for making software-defined automobiles a actuality. It is a number one unbiased software program growth and integration companion serving to mobility leapfrog towards a clear, sensible, and secure future. With 10000+ automobelievers throughout the globe specializing in embedded software program, AI, and digital options, KPIT accelerates its purchasers’ implementation of next-generation applied sciences for the future mobility roadmap. With engineering facilities in Europe, the USA, Japan, China, Thailand, and India, KPIT works with leaders in automotive and Mobility and is current the place the ecosystem is reworking.

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To know extra, go to https://www.kpit.com/

KPIT Newsroom and Media assets middle: https://www.kpit.com/newsroom/

MEDIA CONTACTS

Mohit Kochar

Global Head, Marketing | mohit.kochar@kpit.com

Sunil Ravish

Director, Marketing | Media Relations | sunil.r@kpit.com

INVESTOR RELATIONS

Sunil Phansalkar

Head, Investor Relations | sunil.phansalkar@kpit.com

About Technica Engineering

Technica Engineering is accelerating the innovation course of in the automotive ecosystem with a holistic expertise assist: Covering the electrical and digital car structure from design to validation.

Technica Engineering focuses on production-ready system prototyping that covers facets of system structure, communication, prototyping and integration. This is complemented by main merchandise for automotive ethernet and validation. Technica Engineering is headquartered in Munich and has places in Spain, Tunisia, and the USA, with a staff of 600+ engineers.

MEDIA CONTACTS

Dr. Lars Voelker

Technical Fellow and Head, Media Relations

Lars.Voelker@technica-engineering.de

Thomas Königseder

CTO

Thomas.Koenigseder@technica-engineering.de

Sunil Ravish
KPIT Technologies
e mail us right here





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