KPIT Technologies (KPIT) has received approval for initial strategic acquisition of 13% shareholding in N-Dream AG (N-Dream), a Cloud based Game Aggregation Platform company, based in Switzerland, with an option to increase the shareholding further. This strategic investment in N-Dream is part of KPIT’s roadmap to enable Automotive OEMs enhance the driver & passenger experience in the Cockpit of the Future. KPIT will offer complementary software integration & validation services to N-Dream’s Automotive clients. Both parties will collaborate towards offering value added data products for Automotive OEMs, thereby enabling them to create additional monetizable experiences & features. Acquisition of 13% shareholding will be completed by December 15, 2023. The Board of Directors of KPIT Technologies at its meeting held on November 09, 2023 has approved the same.
KPIT is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future.
