Wind River to be acquired by Aptiv in $4.3 billion dealNews
January 11, 2022
DUBLIN. Mobility-technology company Aptiv has agreed to acquire mission-critical software provider Wind River (Alameda, California) from private-equity firm TPG Capital for $4.3 billion in cash.
According to the announcement of the deal, Aptiv officials state that the acquisition enables Aptiv to execute against the large software-defined mobility opportunity and expand into multiple high-value industries with Wind River’s outstanding team and leading intelligent systems software platform.
Wind River will continue to operate as a stand-alone business within Aptiv as part of the Advanced Safety & User Experience (AS&UX) segment, and will be led by Wind River president and CEO Kevin Dallas.