Automotive software and mobility engineering firm KPIT Technologies has increased its holding in Swiss in-car gaming company N-Dream.
The move takes KPIT’s ownership in N-Dream from 26% to almost 90%.
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Financial terms of the transaction were not disclosed.
N-Dream is the developer of AirConsole, a platform that allows passengers to use smartphones as controllers to play games on a vehicle’s infotainment screen, with integration of sound and ambient lighting.
AirConsole entered the automotive sector in 2022.
KPIT said the transaction will reinforce its position in the software-defined vehicle market and support N-Dream’s plans to extend its product offering beyond gaming into broader in-cabin digital experiences.
N-Dream founder Andrin von Rechenberg said: “What began as a bold idea in Switzerland has grown into a platform used by leading carmakers around the world.
“With KPIT’s partnership, our innovation culture and creative roots remain at the core of everything we do, while giving us the reach and resources to shape the future of in-car experiences.”
N-Dream intends to leverage its experience in digital mobility to develop a new generation of in-cabin software, while KPIT will provide competencies across domains and the mobility technology stack to help deploy these solutions across brands and markets.
The acquired company will continue to operate as an independent entity under KPIT’s ownership, retaining its existing team and leadership.
Anthony Cliquot will continue as CEO, Andrin von Rechenberg will keep his role as chief of innovation and Tobias Schneider will stay on as chief financial officer.
Cliquot said: “Our journey continues with the same passion and purpose. Together, we’re better equipped than ever to shape the next evolution of N-Dream. Customers and partners will continue to receive the same high-quality service, with enhanced offerings on the horizon.”
Earlier in May, KPIT launched its new software engineering centre in Sfax, Tunisia.
