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Automotive tech supplier Aptiv agrees to buy Wind River in $4.3 billion deal

Aptiv, whose customers include Chrysler parent Stellantis, Volkswagen Group and General Motors, battled supply chain problems for much of 2021, but has seen rising demand for its automated driving systems.

Aptiv sees Wind River’s technology complementing its existing software offerings, which today are largely focused on the application-level, including active safety, user interface and in-vehicle sensing. The centerpiece of Wind River’s technology is its Studio cloud-native software platform, which Aptiv said will pair with its existing software to provide automaker customers with a “faster and economical path to full-vehicle software architecture.”

Aptiv said it will offer a full software stack solution for its automaker customers. It said Wind River’s technology would enable “continuous” over-the-air deployments of various features, including self-driving tech, and “development, integration, testing and monitoring of systems” throughout the vehicle’s lifecycle.

Clark said Aptiv will provide an “open solution” for customers, meaning it will let automakers choose how they want to integrate its software into their vehicles.

“Obviously, we think an open solution developed across multiple industries across multiple customers addressing the same use cases and needs is a more cost effective alternative and a better solution for our OEM customers,” he said on the call. “However, if our OEM customers wanted to develop a portion of that overall operating system or middleware solution, that’s something they’ll be positioned to do and they’ll be able to do.”

Wind River will operate as a stand-alone business within Aptiv. Wind River employs about 1,300 people, including more than 1,000 technical employees, according to Aptiv.
The deal is expected to close in mid-2022. It is subject to regulatory approvals.

Aptiv ranks No. 19 on the Automotive News list of the top 100 global suppliers with worldwide sales to automakers of $11.5 billion in 2020.

Automotive News contributed to this report.

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