The amount of the deal was not disclosed. Following the close, OpenSynergy will continue to operate the business as an independent company under the new ownership.
The acquisition will enable Panasonic to grow its automotive business with contribution in the areas of “comfort”, “safety”, and “environment”.
Led by Co-CEOs Mr. Stefaan Sonck Thiebaut and Mr. Rolf Morich, OpenSynergy specializes in embedded automotive software for in-car cockpit solutions. Its core products are the modular software development kit for cockpit controller and connectivity systems and the Bluetooth stack Blue SDK, which enable the convergence of instrument clusters, head units, driver assistance systems, and car connectivity systems.
In addition to the above software technology solutions, the company is also providing other software such as Bluetooth stack to automakers and Tier 1 suppliers.