KPIT and Technica Engineering join forces to accelerate the

KPIT and Technica Engineering join forces to accelerate the transformation towards software-defined vehicle (SDV)

Pune (Maharashtra) [India]/Munich [Germany], September 21 (ANI/BusinessWire India): KPIT Technologies, a Global No.1 software integration partner for the automotive & mobility industry, announced the acquisition of Technica Engineering, a company specializing in production-ready system prototyping (combination of network system architecture, hardware prototyping, integration), automotive ethernet products, and tools for validation. This will create across-the-stack expertise offering a one-stop shop for the industry to transform towards SDV. Technica Engineering is headquartered in Munich and has a presence in Spain, Tunisia, and the USA, with a team of 600+ engineers. The deal is expected to be closed by the end of October 2022, post fulfillment of customary closing conditions, and at the end of it, Technica Engineering will be fully owned by KPIT Technologies. The deal will 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," said Kishor Patil, Co-founder, CEO and MD of KPIT Technologies. "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," said 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," said Joseba Rodriguez Martinez, CEO of Technica Engineering. "Integration boundaries between system architecture, hardware, and middleware software are getting blurred. Our goal is to create production-ready system prototyping, network designs, communication drivers, tooling, and testing solutions that redefine the industry benchmark. The power of software competence of KPIT will make these solutions exponentially more valuable," said Thomas Konigseder, CTO of Technica Engineering. This story has been provided by BusinessWire India. ANI will not be responsible in any way for the content in this article. (ANI/BusinessWire India)

Related Keywords

Tunisia , United States , Munich , Bayern , Germany , Spain , Pune , Maharashtra , India , Thomas Konigseder , Joseba Rodriguez Martinez , Kishor Patil , Businesswire India , Technica Engineering , Anup Sable , Pune Maharashtra India Munich Germany , Eptember 21 Ani Businesswire India Kpit Technologies , A Global No 1 Software Integration Partner For The Automotive Amp Mobility Industry , Nnounced The Acquisition Of Technica Engineering , A Company Specializing In Production Ready System Prototyping Combination Of Network Architecture , Ardware Prototyping , Integration , Utomotive Ethernet Products , Nd Tools For Validation This Will Create Across The Stack Expertise Offeringa One Stop Shop Industry To Transform Towards Sdv Technica Engineering Is Headquartered In Munich And Hasa Presence Spain , And The Usa , Itha Team Of 600 Engineers The Deal Is Expected To Be Closed By End October 2022 , Ost Fulfillment Of Customary Closing Conditions , Nd At The End Of It , Echnica Engineering Will Be Fully Owned By Kpit Technologies The Deal Eps Accretive Upon Consolidation Quot Mobility Industry Is Using Software To Drive Innovation And Creatinga Post Vehicle Sale Business Model Driven Delivering Services End Consumers We Are Constantly Looking For Possibilities Help Accelerate Our Client 39s Vision With Technica , E Will Strengthen Value And Scale Of Operations Across The Stack We Have Common Strategic Clients Who Benefit , Nd We Also Get Access To Leading Disruptor Mobility Tech Companies , Uot Said Kishor Patil , Co Founder , Eo And Md Of Kpit Technologies Quot Sdv Demandsa Significant Change In The Electronics Architecture Moving From Distributed Low Compute Devices To Central High Rapid Prototyping Hardware Vehicle Is Critical Validate Changes As Industry Makes This Transition Together We Will Offera One Stop Shop For Migrate Rapidly Towards By Speeding Up Software Access Reducing Workflow Complexities Clients , Uot Said Anup Sable , To At Kpit Technologies Quot For The Last 14 Years , Echnica Has Builta Team Passionate About Cutting Edge Tech In Network Architecture And System Prototypinga Partner Witha Vision Value Match Was Crucial To Scale Create Leadership This Space We Are Delighted Find That Kpit Confident Together Will Playa Key Role Shaping The Future Of Mobility Industry , Uot Said Joseba Rodriguez Martinez , Eo Of Technica Engineering Quot Integration Boundaries Between System Architecture , Hardware , Nd Middleware Software Are Getting Blurred Our Goal Is To Create Production Ready System Prototyping , Network Designs , Ommunication Drivers , Ooling , Nd Testing Solutions That Redefine The Industry Benchmark Power Of Software Competence Kpit Will Make These Exponentially More Valuable , Uot Said Thomas Konigseder , To Of Technica Engineering This Story Has Been Provided By Businesswire India Ani Will Not Be Responsible In Any Way For The Content Article ,

© 2025 Vimarsana