M&A - NXP Semiconductors N.V.
Form Type: 8-K
Filing Date: 2025-02-10
Corporate Action: Acquisition
Type: New
Accession Number: 000141344725000015
Filing Summary: On February 10, 2025, NXP Semiconductors N.V. announced that it has entered into a definitive agreement to acquire Kinara, Inc. in an all-cash transaction valued at $307 million. This acquisition is expected to enhance NXP's capabilities in the intelligent edge market.
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Additional details:
Title: transaction_value
Value: $307 million
Title: acquired_company
Value: Kinara, Inc.
Title: press_release_title
Value: NXP Agrees to Acquire Edge AI Pioneer Kinara to Redefine the Intelligent Edge
Form Type: 8-K
Filing Date: 2025-01-07
Corporate Action: Acquisition
Type: New
Accession Number: 000141344725000005
Filing Summary: 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
Additional details:
Transaction Value: 625 million
Target Company: TTTech
Business Focus: safety-critical systems and middleware for software-defined vehicles
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