Close on the heels of Delphi Automotive acquiring US based
Antaya Technologies Corp, it has announced entering into a definitive agreement
to acquire media connectivity module supplier, Unwired Technology LLC,
expanding its data and media connectivity capabilities. Antaya Technologies
Corp is a leading supplier of proprietary on-glass connectors. The two acquisitions significantly enhance
Delphi’s product offerings in the rapidly growing automotive electrical
connectors business, giving it more ways to meet its customers’ needs, according
to a press release issued by Delphi.
Rodney O’Neal, Delphi chief executive officer and president
said that media connectivity is a high-growth segment as auto manufacturers
respond quickly to consumers’ increasing desire to integrate their smartphones
and tablets in their vehicles. He noted that Unwired’s products strengthen
Delphi’s overall electrical architecture and electrical connector offerings,
which is supporting increased electronics content per vehicle.
As consumer electronics become more advanced, automakers are
integrating increasingly complex modules and hubs. Unwired’s connectivity
products provide two-way data connections between smartphones and tablets and
in-car infotainment systems, allowing consumers to safely access content in the
vehicle. These media connectivity modules
can handle multiple devices, provide high-speed charging capabilities and
enable seamless access to content through emerging infotainment software
solutions, the release added.
Joseph Damato, chief executive officer and president of
Unwired, stated that combining its highly-complementary media connectivity
portfolios will strengthen the company’s growth opportunities and global reach.
“By leveraging Unwired’s and Delphi’s common commitment to innovation,
engineering and product development, we will continue to provide the market
with the highest quality media connectivity products," he added. The
transaction is expected to close in the fourth quarter of 2014.
Picture for representation purpose only, courtesy Delphi.