Visteon Completes Buy of Smartphone Connectivity Software Supplier
Visteon completed its acquisition of AllGo Embedded Systems, an India-based supplier of embedded multimedia and smartphone connectivity software for the global auto industry, Visteon said in a Monday announcement. The acquisition “supports Visteon’s global vehicle cockpit electronics business and enables…
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Visteon to offer a highly integrated solution to automakers that includes multimedia software and codecs, and smartphone connectivity features,” Visteon said. The deal gives Visteon ownership of AllGo’s “technology assets” and automotive business, in addition to a workforce of about 140 employees, mostly software engineers based in India, it said. “Multimedia playback and smartphone connectivity features such as CarPlay, Android Auto, and MirrorLink are essential for all infotainment and display audio systems and this acquisition positions Visteon uniquely in the industry.” AllGo’s customer base includes “a wide range of global automakers and Tier 1 suppliers with particularly strong relationships in Asia,” it said.