Aptiv has announced that it will acquire Wind River from TPG Capital, TPG’s private equity platform, for $4.3 billion in cash. Wind River’s edge-to-cloud software allows for the secure development, deployment, operation and servicing of mission-critical intelligent systems.
The company serves a number of industries around customers around the world – including telematics and automotive. Its software portfolio is spearheaded by Wind River Studio, a cloud-native intelligent systems software platform that enables management for edge-to-cloud use cases across the full product lifecycle.
Through the acquisition, Aptiv aims to accelerate its expansion into the software-defined mobility market. It will also expand into further industries with Wind River’s team and software platform. Through Wind River’s resources, Aptiv expects to develop, and enable, a variety of end-use applications and solutions as processing moves toward the edge and connected devices expand in their complexity and capabilities.
Aptiv will also use the acquisition to combine Wind River Studio with its proprietary SVA platform. Through this combination, Aptiv aims to provide its customers with a faster and more cost-effective way to develop full vehicle software architecture. The company confirmed that Wind River will continue to operate as a stand-alone business within it as part of the Advanced Safety & User Experience segment.