Can NXPI's TTTech Auto Acquisition Give a Fresh Boost to the Stock?
NXP(NXPI) ZACKS·2025-01-08 17:36NXP Semiconductors (NXPI) , a leading player in automotive and industrial semiconductor solutions, has bolstered its portfolio with the acquisition of TTTech Auto, a Vienna-based specialist in safety-critical software for software-defined vehicles (SDVs). Announced at a transaction value of $625 million, this acquisition aligns with NXP’s strategy to lead the transformation toward intelligent edge systems in the automotive and Industrial Internet of Things (IoT) spaces.Investors might be wondering if the la ...