Pune (Maharashtra) [India], February 1 (ANI/BusinessWire India): KPIT Technologies (NSE: KPITTECH BSE: 542651), a leading partner for accelerating the transformation towards Software-Defined Vehicle to the automotive and mobility industry announced financial results for Q3 FY23 results today.
KPIT Technologies (NSE: KPITTECH BSE: 542651), a leading partner for accelerating the transformation towards Software-Defined Vehicle to the automotive and mobility industry announced financial results for Q3 FY23 results today.
KPIT Technologies stock gained 5.88 per cent to Rs 634 against the previous close of Rs 598.80 on BSE. Market cap of the firm rose to Rs 17,280 crore on BSE today.
Pune (Maharashtra) [India]/Munich [Germany], September 21 (ANI/BusinessWire India): KPIT Technologies, a Global No.1 software integration partner for the automotive & mobility industry, announced the acquisition of Technica Engineering, a company specializing in production-ready system prototyping (combination of network system architecture, hardware prototyping, integration), automotive ethernet products, and tools for validation. This will create across-the-stack expertise offering a one-stop shop for the industry to transform towards SDV. Technica Engineering is headquartered in Munich and has a presence in Spain, Tunisia, and the USA, with a team of 600+ engineers. The deal is expected to be closed by the end of October 2022, post fulfillment of customary closing conditions, and at the end of it, Technica Engineering will be fully owned by KPIT Technologies. The deal will be EPS accretive upon consolidation. "Mobility industry is using software to drive innovation and is c