TTTech Automotive and Samsung have completed a strategic partnership
TTTech Computertechnik AG and Samsung Electronics Co. Ltd. have completed a strategic partnership in which Samsung has made a US$90 million strategic investment in TTTech. This is the first investment from its recently announced Samsung Automotive Innovation Fund (SAIF) and highlights the company’s commitment to bringing safer cars to the road and ushering in the next generation of mobility.
TTTech is a global leader in the field of robust networking and safety controls. The company's solutions improve the safety and reliability of electronic systems in the industrial and transportation sectors, with a portfolio of products that are helping to make the Industrial Internet of Things and autonomous driving, a reality. Due to the proven platform-based architecture, TTTech's solutions enable simple system integration with shorter time-to-market and significant cost reductions for customers. The company's products support highly scalable and modular open real-time architectures based on Deterministic Ethernet, including the upcoming IEEE TSN and the established SAE Time-Triggered Ethernet standard.
Oaklins' team in Austria acted as the exclusive financial advisor to TTTech in this transaction and supported the negotiations throughout the process.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreNuzoa has acquired Agrofauna
Nuzoa, a provider of value-added services for pets and livestock in the Iberian Peninsula, has acquired 100% of Agrofauna. This transaction reinforces Nuzoa’s presence in the Portuguese market, particularly in the northern region, marking another step toward its ambition to become the leading operator while further consolidating its brand across Iberia.
Learn moreGrupo Gtd has sold Gtdata to Infracorp
Gtdata, the data center platform of Gtd Grupo Teleductos S.A., has been acquired by Infracorp, the infrastructure investment platform of Grupo Romero, through the purchase of a 49% stake for US$118 million.
Learn more