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Acquisitions

Aptiv Acquisitions

3

Major Deals Covered

$4.5B

Disclosed Deal Value

What are Aptiv's biggest acquisitions?

Aptiv's largest disclosed acquisition here is Wind River for $3.5B in 2022. This page covers 3 major deals from 2017 to 2022, each with its price where disclosed and the reason behind it.

Major deals covered
3
Largest deal
Wind River ($3.5B)
First deal
2017
Most recent
2022
CompanyYearPricePurpose
Wind River2022$3.5BReal-time operating system and cloud development software for safety-critical systems
Intercable Automotive Solutions2022$605.0MHigh-voltage busbars and interconnect solutions; Aptiv acquired an 85 percent equity stake for ~$672 million (595 million euros)
nuTonomy2017$400.0MLevel 4 autonomous driving software
What companies has Aptiv bought?
Major acquisitions by Aptiv documented here include Wind River (2022), Intercable Automotive Solutions (2022) and nuTonomy (2017).
What is Aptiv's most recent acquisition?
The most recent Aptiv acquisition documented here is Wind River, in 2022, for $3.5B.

Wind River

2022

$3.5B

Why

Real-time operating system and cloud development software for safety-critical systems

Impact

Agreed in January 2022 at $4.3 billion and closed on December 23, 2022 at a revised $3.5 billion

Outcome

Runs as an Aptiv business and is reported in the segment renamed Intelligent Systems in 2026

Intercable Automotive Solutions

2022

$605M

Why

High-voltage busbars and interconnect solutions; Aptiv acquired an 85 percent equity stake for ~$672 million (595 million euros)

Impact

Added European and Asian high-voltage interconnect manufacturing with about $283 million (250 million euros) of estimated 2022 sales

Outcome

Reported within the engineered components business

nuTonomy

2017

$400M

Why

Level 4 autonomous driving software

Impact

Agreed on October 24, 2017 for $400 million up front plus earn-outs of about $50 million

Outcome

Folded into the autonomous driving business Aptiv contributed to the Motional joint venture in 2020

Aptiv PLC's Growth & Acquisition Strategy

Aptiv's plan after the Versigent separation is to sell higher-value compute and software rather than volume wiring, and to take that portfolio outside cars. Inside automotive that means zone controllers and centralized compute under the Smart Vehicle Architecture banner, active safety sensors and cockpit electronics, and Wind River software sold on license and subscription. Outside automotive it means commercial vehicle, aerospace and defense, telecom and datacom, energy storage, robotics and drones, where Aptiv reported double-digit revenue growth through 2026 and $5 billion of new business awards in the second quarter alone. Silicon partnerships with NVIDIA and Qualcomm keep the company on current processors without the cost of designing its own.

How Aptiv PLC Makes Money

Aptiv sells into multi-year production programs won years before a vehicle or system reaches assembly, then ships hardware per unit built for the life of that program. Through fiscal 2025 it reported three segments: Electrical Distribution Systems with $8,818 million of net sales, Engineered Components Group with $6,662 million and Advanced Safety and User Experience with $5,792 million. The wiring business separated as Versigent PLC on April 1, 2026, leaving Aptiv with the renamed Intelligent Systems segment, which holds active safety sensors, central compute, cockpit electronics and Wind River software, and Engineered Components, which holds connectors, busbars, high-voltage interconnects and electrical centers. Wind River adds license, subscription and support revenue that is not tied to vehicle build rates, and supply contracts carry commodity pass-through terms for copper, aluminum and resins.

Aptiv Acquisitions FAQ

When and for how much did Aptiv acquire Wind River Systems?

Aptiv completed the acquisition of intelligent edge software leader Wind River from private equity firm TPG Capital in December 2022 for $3.5 billion in cash, integrating its mission-critical real-time software into vehicles.

When did Aptiv acquire autonomous driving pioneer nuTonomy?

In October 2017, Delphi (Aptiv) acquired MIT spin-off nuTonomy for $450 million ($400M upfront and $50M earnouts), combining its self-driving algorithms with Ottomatika to accelerate autonomous mobility.

When did Aptiv acquire high-speed data interconnect leader Antaya Technologies?

In October 2014, Delphi acquired Antaya Technologies, the leading provider of on-glass pre-soldered electrical connectors and high-reliability antenna connections for the global automotive glass industry.

When did Aptiv acquire HellermannTyton to expand cable management and fastening?

In December 2015, Delphi acquired British cable management and industrial fastening systems leader HellermannTyton Group PLC for £1.07 billion ($1.7 billion), strengthening its global electrical architecture component portfolio.

When did Aptiv acquire Winchester Interconnect for harsh-environment applications?

In October 2018, Aptiv acquired Winchester Interconnect from Snow Phipps Group for $650 million, expanding its harsh-environment interconnect capabilities into aerospace, defense, medical, and subsea industrial markets.

What did Aptiv buy to build its high-voltage business?

Aptiv agreed in September 2022 to acquire an 85 percent equity stake in Intercable Automotive Solutions, a subsidiary of Intercable S.r.l., for ~$672 million (595 million euros), and completed the deal later that year. The business makes high-voltage busbars and interconnects and had about $283 million (250 million euros) of estimated 2022 sales.

How did Aptiv form the Motional autonomous driving joint venture with Hyundai in 2020?

In March 2020, Aptiv and Hyundai Motor Group established Motional, a $4.0 billion autonomous driving joint venture (with Hyundai investing $1.6B cash and $400M R&D assets for a 50% stake alongside Aptiv's technology contribution).

What is Aptiv's integration playbook for acquired software and hardware companies?

Aptiv retains specialized engineering talent, integrates software stacks directly into Smart Vehicle Architecture reference designs, uses its global Tier-1 OEM sales relationships, and applies lean manufacturing discipline.

What companies has Aptiv acquired?

Aptiv famously executed a massive $4.3 billion acquisition of the software company Wind River to drastically accelerate its vehicle-to-cloud software capabilities.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.