M&A
confidence high
sentiment positive
materiality 0.75
Aptiv completes acquisition of Wind River for $3.5B, lowered from $4.3B
Aptiv PLC
- Acquisition of Wind River from TPG closed at $3.5B, amended from $4.3B due to regulatory-required operating structure changes.
- Wind River serves 1,700+ customers in aerospace, defense, telecom, industrial, medical, and automotive; software in 2B+ edge devices.
- Aptiv to integrate Wind River Studio cloud-native platform with Smart Vehicle Architecture; first showcase at CES 2023.
- Transaction expected to be accretive to adjusted earnings per share in 2023.
- Further details to be provided on Q4 earnings call scheduled for February 2, 2023.