Aptiv PLC to Acquire Wind River From TPG Capital for $4.3 Billion
<p><a href='https://financialmodelingprep.com/financial-summary/APTV'>Aptiv PLC (NYSE:APTV) </a>made an announcement today, according to which it will acquire Wind River, an intelligent edge software provider for $4.3 billion from TPG Capital. The deal is expected to close in mid-2022.</p>
<p>This acquisition (Wind River expected to grow revenue from $400 million in 2021 to $1 billion by 2026), expands Aptiv’s smart vehicle platform software capability further down the stack to provide a real-time operating system and open-source middleware layer that enables faster software development and deployment time for features such as over-the-air connectivity and ADAS.</p>

NYSE:APTV