Post

Visteon to Acquire India-based AllGo Systems

Visteon to Acquire India-based AllGo Systems

Headquartered in Van Buren Township, Michigan, global automotive cockpit electronics supplier Visteon Corporation will acquire Bangalore-based AllGo Systems, a developer of embedded multimedia system solutions for global vehicle manufacturers. The deal is expected to close during the first quarter of 2016. Terms were not disclosed, reports WTOC.

Visteon Logo

“AllGo’s strong position in multimedia and smartphone connectivity software adds greater scale and depth to Visteon’s infotainment software capabilities,” said Sachin Lawande, Visteon president and CEO. “AllGo’s ready-to-use IP provides automotive manufacturers with a turnkey software-on-chip (SoC) solution to cost-effectively introduce smartphone and mobile applications from the vehicle’s audio head unit.”

“We are looking forward to joining Visteon at this exciting time in the company’s growth in the connected technology space,” said K. Srinivasan, director and CEO, AllGo Systems. “With our production-proven middleware and Visteon’s expertise in automotive infotainment solutions, the two companies have a strong strategic fit that will enable us to expand our global market share in the connected display radio market.”

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries