TTTech Automotive and Samsung have completed a strategic partnership
September 2017 — 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.
Our role in the transaction
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
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more