Delphi Automotive Inc., a global technology automotive supplier with a regional headquarters in Troy, today announced a series of acquisitions and investments, which include the purchase of HellermannTyton Group PLC and the software company Ottomatika, along with investments in Quanergy and Tula Technology, a software developer.
Delphi acquired HellermannTyton, a manufacturer of high-performance cable management solutions for nearly $1.9 billion. The transaction, which is expected to close in the fourth quarter, will expand Delphi’s product portfolio within the connected vehicle solutions market.
“With consumers now demanding more connectivity in their vehicles, electrical architecture is the enabler to that added vehicle content,” says Kevin Clark, president and CEO of Delphi. “HellermannTyton positions Delphi to provide customers with an even broader portfolio of highly engineered and customized connection systems and cable management solutions.”
Clark says that by combining Ottomatika’s automated driving software with Delphi’s active safety systems, it will strengthen the company’s advanced driver assistance system application and enable a vehicle to make human-like decisions.
In addition, Delphi made an investment in California-based Quanergy, a technology company that develops sensing solutions for 3-D mapping and object detection, tracking, and classification.
The automotive supplier also made a minority investment in Tula Technology, a software developer with offices in Plymouth Township that offers cylinder deactivation technology.
Clark says Delphi and Tula’s engine control system allows the engine’s cylinders to fire or deactivate on a continuous basis, increasing fuel efficiency and cutting emissions.
“These companies bring unique and strategic capabilities in software and sensing technology, strengthening our portfolio in active safety and fuel economy, two critical long-term growth areas for the automotive market,” says Jeff Owens, chief technology officer of Delphi.
United Kingdom-based Delphi Automotive is an automotive parts manufacturing company, operating technical centers, manufacturing sites, and customer support services in 33 countries.