Automotive software importance spurs acquisitions, strategic self-assessment
Automotive software has been on a growth curve for many years in terms of feature importance, development cost, intellectual property significance, bill-of-material (BoM) cost, and many others. The growth in connected car deployment and research into autonomous driving technology will further add to the importance of automotive software. Recent automotive software company acquisitions clearly demonstrate that Tier 1 suppliers have recognized these trends and other Tier 1s will be on the prowl to acquire software expertise and assets in the very near future.
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