Visteon Signs Agreement To Acquire India-Based Automotive Multimedia Systems Supplier, AllGo Systems - aftermarketNews

Visteon Signs Agreement To Acquire India-Based Automotive Multimedia Systems Supplier, AllGo Systems

Headquartered in Bangalore, India, AllGo is an 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.

Visteon-LogoGlobal automotive cockpit electronics supplier Visteon Corp. has signed an agreement to acquire AllGo Systems, a 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 an 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.”

Employing approximately 140 people across India, the U.S., Asia and Europe, AllGo’s infotainment solutions have been proven on a range of global vehicle platforms, according to the company.

“We are looking forward to joining Visteon at this exciting time in the company’s growth in the connected technology space,” said K. Srinivasan, director and CEO, AllGo Systems. “With our production-proven middleware and Visteon’s expertise in automotive infotainment solutions, the two companies have a strong strategic fit that will enable us to expand our global market share in the connected display radio market.”

“The addition of AllGo’s assets and talented workforce will enable Visteon to accelerate the innovation and penetration of affordable automotive infotainment solutions,” said Lawande. “We’re looking forward to working with the AllGo team and its customers.”

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