M&A: NXP Semiconductors N.V.

Form Type: 8-K

Filing Date: 2025-01-07

Corporate Action: Acquisition

Type: New

Accession Number: 000141344725000005

Comments: On January 7, 2025, NXP Semiconductors N.V. announced that it has entered into a definitive agreement to acquire TTTech, a company recognized for innovating safety-critical systems and middleware for software-defined vehicles (SDVs). The acquisition is an all-cash transaction valued at $625 million. This move is part of NXP's strategy to enhance its capabilities in the software-defined vehicle market.

Document Link: View Document