Clearly determined to stay relevant as the world approaches an autonomous vehicle future, auto parts giant Delphi Automotive (NYSE: DLPH) has acquired Movimento, a privately held maker of over-the-air software updating and data management solutions, among other offerings.
Neither the terms or the price of the deal were disclosed.
In the press release heralding the purchase, Delphi CEO Kevin Clark said it "strengthens Delphi's position as a leading end-to-end systems and software provider to the industry as vehicle connectivity becomes increasingly ubiquitous."
Going forward, Delphi said that Movimento is to remain an independent company operating within its corporate structure.
The deal is far from the first connected-car-related acquisition for Delphi. In 2015 it bought Ottomatika, which specializes in software processes the data collected by a smart car's sensors. It also purchased Control-Tec, which describes itself as "a leader in the capture, transfer and analysis of critical vehicle data." Additionally that year, Delphi made an investment in 3D sensing and mapping specialist Quanenergy.
Meanwhile, late in 2016 Delphi announced that it had teamed up with driver assistance solutions company Mobileye (NYSE: MBLY) and computer chip titan Intel (NASDAQ: INTC) to develop a self-driving vehicle system. The partnership aims to deliver that solution, named the Central Sensing Localization and Planning platform, by 2019.
As if these efforts weren't enough, Delphi and Mobileye are working with BMW to develop an autonomous vehicle solution for the German carmaker. The system will utilize Intel processors.
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