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Visteon to acquire India-based AllGo Systems

By Niranjan Mudholkar,

Added 13 January 2016

Proposed acquisition of industry-leading connected media playback supplier strengthens Visteon's infotainment software capabilities.

Global automotive cockpit electronics supplier Visteon Corporation has signed an agreement to acquire AllGo Systems, a leading developer of embedded multimedia system solutions to global vehicle manufacturers. The agreement, which is subject to customary closing conditions and regulatory approvals, is expected to close during the first quarter of 2016. Terms were not disclosed.

Headquartered in Bangalore, India, AllGo is a leading infotainment media playback supplier, bringing Linux and Android engineering expertise for automotive applications, including a comprehensive intellectual property (IP)-protected portfolio of in-vehicle-infotainment, media and connectivity solutions for the connected display audio market.

"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."

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