Swiss In-Car Gaming Start-up AirConsole Acquired by KPIT
KPIT Technologies has announced the acquisition of N-Dream's AirConsole in-car gaming platform. AirConsole is used by BMW, Volkswagen, Audi, and Porsche.
In just three years since entering the automotive space, N-Dream's AirConsole is used by BMW, Volkswagen, Audi, and Porsche. It now joins KPIT to accelerate the global rollout of connected and interactive in-car software. The purchase price was not disclosed. KPIT, which previously held a 26 percent share, will increase its ownership to nearly 90 percent. This is pursuant to the disclosures to Securities and Exchanges Board of India made by KPIT Technologies.
This acquisition strengthens KPIT's position in the software-defined vehicle market. It will also help to speed up N-Dream's mission "to innovate the next generation of digital in-car experiences".
"What began as a bold idea in Switzerland has grown into a platform used by leading carmakers around the world," said Andrin von Rechenberg, Founder of N-Dream. "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."
"This acquisition represents an exciting new chapter for N-Dream," said Anthony Cliquot, CEO of N-Dream AG. "By joining forces with KPIT, we can accelerate our mission to bring fantastic experiences to cars and their users. With KPIT’s scale and reach, we’re ready to take what we’ve built to a truly global audience."
Under KPIT's ownership, N-Dream will continue to operate independently, retaining its full team and leadership structure. Anthony Cliquot will remain CEO, Andrin von Rechenberg will continue as Chief of Innovation, and Tobias Schneider will remain CFO, ensuring full continuity in leadership and direction.
"N-Dream's creativity and technology perfectly complement KPIT's roadmap for next-generation mobility," said Kishor Patil, CEO of KPIT Technologies. "Together, we will help define the next era of software-defined vehicles, where immersive, connected, and personalized experiences are an integral part of driving."
"Our journey continues with the same passion and purpose," said Anthony Cliquot. "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."
N-Dream's AirConsole platform enables smartphones to act as controllers for games played on car infotainment screens. Backed by KPIT, N-Dream is set to extend its expertise beyond gaming and develop a new wave of interactive, personalised in-cabin software.
KPIT Technologies is an Indian multinational company headquartered in Pune. It specialises in providing software solutions for the automotive industry, and is widely regarded as a leading software integration partner in the mobility and automotive sectors.
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