Automotive technology

Aptiv to acquire Wind River and accelerate innovations in automotive technology

Automotive technology company Aptiv announced its intention to acquire embedded systems company Wind River from TPG Capital. The acquisition is valued at $ 4.3 billion and is expected to close by mid-year.

“The automotive industry is undergoing its greatest transformation in over a century, as connected and software-defined vehicles increasingly become essential parts of the broader intelligent ecosystem,” said Kevin Clark, President and CEO of Aptiv. “To take full advantage of this opportunity, you need comprehensive solutions that allow software to be developed faster, deployed transparently and optimized throughout the vehicle lifecycle by leveraging information based on the data. ”

RELATED CONTENT: The Wind River Journey from RTOS to 5G

According to Aptiv, this acquisition will allow the company to develop in several high added value sectors and to produce innovations in connected devices such as vehicles.

Wind River Studio will be integrated with Aptiv’s SVA platform to further innovate automotive software solutions.

Wind River will continue to operate as a stand-alone unit within Aptiv, led by current Wind River CEO Kevin Dallas.

“Wind River has established itself as a global leader in cloud-native intelligent edge software that delivers the highest levels of security, safety, reliability and performance,” said Dallas. “The combination of Wind River’s software, customer base and industry-leading talent with Aptiv’s complementary technologies, global resources and scale will make our vision for the new machine economy a reality.