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Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY (Fahad Abuljadayel/Bloomberg)

Fahad Abuljadayel / Bloomberg : Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $7...

7 January 2025

Dutch chipmaker NXP agrees to buy TTTech Auto, a Vienna-based automotive safety software provider, for $625M in cash, aiming to boost its automotive operations (Toby Sterling/Reuters)

Toby Sterling / Reuters:
Dutch chipmaker NXP agrees to buy TTTech Auto, a Vienna-based automotive safety software provider, for $625M in cash, aiming to boost its automotive operations  —  Dutch computer chip maker NXP said on Tuesday it has agreed to buy Austria's TTTech Auto for $625 million, to strengthen its automotive operations.

Posted from: this blog via Microsoft Power Automate.

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