Just recently, Visteon Corp. has completely acquired AllGo Embedded Systems Pvt. Ltd., an India-based supplier of embedded multimedia and smartphone connectivity software solutions to the global automotive industry. The two companies firstly announced plans for the transaction on January 12.
The business purchased from AllGo reinforces Visteon’s global vehicle cockpit electronics business and enables Visteon to provide a highly integrated solution to automobile manufacturers that includes multimedia software and codecs, as well as smartphone connectivity features. Included in the transaction are AllGo’s technology assets and automotive business, as well as around 140 employees that are mostly software engineers in India and supported by sales offices in the US, Asia, and Europe.
In a statement, Sachin Lawande, Visteon’s president and CEO, said that AllGo brings industry-leading multimedia playback and smartphone connectivity software expertise on Linux, QNX, and Android-based operating systems, which would greatly reinforce Visteon’s capabilities in the development of next-generation infotainment systems. He added that multimedia playback and smartphone connectivity features such as Android Auto, CarPlay, and MirrorLink are crucial for all infotainment and display audio systems and this acquisition positions Visteon distinctively in the industry.
Currently, AllGo serves a huge array of global automakers and Tier 1 suppliers with strong relationships in Asia. After its acquisition by Visteon, the company will continue to underpin and grow its existing customer base while also providing its products and services to Visteon’s customers, which consists of the globe’s leading automakers.
According to K. Srinivasan, director and CEO, AllGo Systems, the acquisition creates a new global multimedia and smartphone connectivity supplier benefitting from AllGo’s entrepreneurial approach and Visteon’s global scale. He concluded that AllGo’s ready-to-use intellectual property-protected portfolio, combined with Visteon’s expertise in infotainment and global automaker reach, positions them as the leaders in multimedia and smartphone connectivity solutions.
Hamid Moaref has always been fascinated by cars and the automotive industry. His family has a longstanding association with the industry and has been in the tire business for the past 35 years. Raised in Dubai, Hamid attended Capilano University in Vancouver where he graduated with a BBA in marketing before attending an intensive course in magazine publishing in 2005. He has been the publisher and chief editor of Tires & Parts magazine for the past ten years.
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