NXP Acquires TTTech Auto for $625 Million

NXP, the Dutch chip maker, acquires Austria's TTTech Auto for $625 million to boost its automotive technology capabilities.

A sleek, modern graphic featuring NXP and TTTech Auto logos merged with an automotive circuit board
NXP Acquires TTTech Auto for $625 Million

NXP, a Dutch computer chip maker, is set to acquire Austria's TTTech Auto for $625 million to enhance its automotive operations.

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