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KPIT boosts software integration expertise by acquiring PathPartner Technology
  • Strengthen KPIT’s software integration capabilities and help deliver complex software solutions for new-age vehicle architectures.
  • Early access to semiconductor technologies by leveraging PathPartner centers of excellence and technical assets for automotive OEMs and Tier 1s.
  • Provide compelling value in performance engineering of complex high compute domain controller software in Autonomous, Connected, and Electrification domains.

Pune & Bangalore, India 21英石 June 2021:  KPIT Technologies, a leading independent software development, and integration partner to the automotive and mobility industry, announced the signing of a definitive agreement to acquire a controlling stake in PathPartner Technology. PathPartner is a specialist design service and solution provider of operating system software and low-level software for Automotive, Camera, Radar, and Multimedia devices. The deal is subject to customary closing conditions and is expected to get closed in Q2 FY 2021-22.

KPIT will initially purchase 60 percent stake for a consideration of INR 890 million, and the balance stake is proposed to be acquired over a period of 2 years against defined growth targets. The total consideration for 100 percent stake will not exceed INR 1,910 million.

Mr. Kishor Patil, CEO, KPIT Technologies, said, “We welcome PathPartner Technology to the KPIT family.  PathPartner’s competence in the operating system software and low-level software and existing semiconductor partnerships for early access to platforms is key to delivering complex production programs. Together, we can offer differentiated offerings for new-age vehicle architectures and strengthen our software integration expertise.”

Mr. Tushar K Adhikary, CEO, PathPartner Technology, said, “We are happy to join the KPIT family. KPIT’s vision to reimagine mobility, global presence, scale, software integration strategy gives our team opportunities to grow and add value. KPIT’s strong relationships with auto OEMs and Tier 1s, work on multiple production programs will open doors to taking complementary and differentiated offerings.”

 

关于KPIT 

KPIT是一家领先的独立软件开发和集成合作伙伴,致力于推动出行方式向清洁、智能、安全的未来迈进。KPIT在全球拥有7000名汽车行业专家,专注于嵌入式软件、人工智能和数字化解决方案,助力客户加速部署面向未来的下一代出行技术。KPIT在欧洲、美国、日本、中国、泰国和印度设有工程中心,与汽车和出行领域的领军企业紧密合作,并积极参与行业生态系统的转型变革。.

更多详情,请访问 developmentuat.kpit.com

 

About PathPartner Technology

PathPartner is a product engineering and R&D specialist company helping its clients to develop, productize, and maintain advanced technology products. With extensive expertise in embedded operating systems, low-level processor architectures, hardware-accelerated computer vision, deep learning, radar, imaging technologies, and multimedia, PathPartner provides next-gen technology solutions to customers in automotive, intelligent edge devices and digital media products.

更多详情,请访问 www.pathpartnertech.com

 

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