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Written by / Agency / Source: SYSTIME, a CMS Group Company | KPIT
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KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company - KPIT announced that it has completed an agreement to invest in a Germany headquartered Automotive Engineering services company - KPIT.com
KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company

 

NewswireToday - /newswire/ - Pune, India, 2016/12/01 - KPIT announced that it has completed an agreement to invest in a Germany headquartered Automotive Engineering services company - KPIT.com. BSE: 532400; NSE: KPIT

   
 
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KPIT, a product engineering and IT consulting partner to Automotive, Manufacturing and Energy companies, announced today that it has completed an agreement to invest in a Germany headquartered Automotive Engineering services company.

The German company has over 20+ years of proven engineering expertise on Powertrain systems, Drivetrain Electronics. It has core expertise in the areas of Software development for E-Mobility, E/E Architecture, End to End Test and Validation solutions for powertrain components. It has marque customers in Germany and expanding base in Europe and beyond. This partnership gives KPIT access to around 150+ specialized engineers.
Speaking about the Partnership, Kishor Patil, CEO & MD of KPIT Technologies said “We are very excited about this partnership. Powertrain is our largest practice within Automotive Engineering and E-Mobility is a big focus as well as a growth area. With this partnership, we will be able to enhance and bring in next generation offerings in the key growth area of E-Mobility. This further strengthens our leadership position in the Automotive Engineering domain and bolsters our presence in Germany”

About KPIT Technologies Ltd

KPIT (kpit.com) is a global technology company focused on providing technology solutions and expertise to Automotive and Transportation Companies, Manufacturing, Energy and Utilities companies. With revenues of over USD 490 million, KPIT has been recognized as one of the fastest growing companies by leading analysts and consulting companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener and more intelligent world that is sustainable and efficient.

North America Contact: Melissa Womack
T: +1 214-505-0228 / E: melissa.womack[.]kpit.com.

 
 
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Written by / Agency / Source: SYSTIME, a CMS Group Company | KPIT

 
 

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KPIT Takes A Strategic Stake in A Germany Headquartered Automotive Engineering Services Company

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Publisher Contact: Richa Bakshi - KPIT.com 
+91 20 66525000 x3204 richa.bakshi[.]kpit.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SYSTIME, a CMS Group Company | KPIT securities in any jurisdiction including any other companies listed or named in this release.

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