KPIT Technologies has acquired balance stake in PathPartner Technology. Accordingly, PathPartner has become a wholly owned subsidiary of the Company. The cost of acquisition of 100% stake has not exceeded Rs 191 crore. The objective of acquisition is to strengthen KPITs software integration capabilities and help deliver complex software solutions for new-age vehicle architectures; early access to semiconductor technologies by leveraging PathPartner centers of excellence and technical assets for automotive OEMs and Tier 1s; and Provide compelling value in performance engineering of complex high compute domain controller software in Autonomous, Infotainment, Connected, and Electrification domains.
KPIT Technologies is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future.
