Delphi Automotive PLC (NYSE: DLPH) has announced it has acquired Movimento, a leading provider of Over-the-Air (OTA) software lifecycle and data management for the automotive sector.
Movimento's advanced technology platform enables manufacturers to quickly and efficiently upgrade or fix software at all stages of a vehicle's lifecycle. Its OTA capabilities provide end consumers the ease and convenience of software updates, allowing new features and functionality to be added to their vehicles instantaneously, all the while reducing warranty and service costs for the vehicle manufacturer.
"The acquisition of Movimento strengthens Delphi's position as a leading end-to-end systems and software provider to the industry as vehicle connectivity becomes increasingly ubiquitous," said Kevin Clark, president and CEO, Delphi Automotive.
"Movimento's over-the-air capability aligns perfectly with our Control-Tec acquisition last year, allowing Delphi to leverage big data to offer comprehensive product enhancements and service cost savings to our customers."
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