Corporate News     30-Sep-23
KPIT Technologies completes acquisition of Future Mobility Solutions GmbH
KPIT Technologies has paid full and final tranche of EUR 8.19 million towards balance 75% stake in Future Mobility Solutions GmbH (FMS) on 29 September 2023.

The total consideration for 100% shareholding is EUR 15.19 million including full and final tranche of EUR 8.19 million.

FMS is engaged in Software and Feature Development in Autonomous Driving, ADAS & Vehicle Safety and Integration & Validation.

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