TNO is constructing a pilot manufacturing line for InP-based photonic chips in Eindhoven, Netherlands, with funding from EU Chips Act, PhotonDelta, and other organizations. The line will enable industrial-scale production of photonic chips and strengthen the Dutch ecosystem around photonic chips. It will also become part of the European initiative PIXEurope, a collaboration of knowledge institutions in 11 European countries.
EINDHOVEN, The Netherlands, June 17, 2025 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) has completed the acquisition of TTTech Auto, a leading innovator in safety-critical systems and middleware for software-defined vehicles (SDVs), as part of the terms agreed upon in January 2025. This strategic move aims to accelerate the transformation to software-defined vehicles by integrating NXP's CoreRide platform and TTTech Auto's MotionWise safety middleware [1].
The acquisition will help automakers overcome software and hardware integration barriers, reduce complexity, and increase scalability and cost-efficiency required for next-generation vehicles. TTTech Auto's services will continue to operate in a neutral position, supporting various System-on-Chips manufacturers, OEMs, and third-party software partners. This approach ensures that the ecosystem remains open and fosters innovation while maintaining stringent safety and performance standards [1].
NXP Semiconductors, a trusted partner in the automotive, industrial & IoT, mobile, and communications infrastructure markets, has operations in more than 30 countries and posted revenue of $12.61 billion in 2024. The company's "Brighter Together" approach combines leading-edge technology with pioneering people to develop system solutions that make the connected world better, safer, and more secure [2].
The integration of TTTech Auto's expertise in safety-critical systems and middleware with NXP's CoreRide platform is expected to enhance the capabilities of SDVs, ensuring data protection and stringent safety standards. This acquisition aligns with NXP's broader strategy to drive innovation and growth in the automotive sector [1].
Forward-looking statements in this document include projections regarding the acquisition of TTTech Auto and other statements that are not historical facts. These statements are subject to numerous risks and uncertainties that could cause actual outcomes and results to be materially different from those projected [1].
References:
[1] https://www.nasdaq.com/press-release/nxp-completes-acquisition-tttech-auto-accelerate-transformation-software-defined
[2] https://www.nxp.com
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