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KPIT Technologies buys Caresoft's engineering unit for up to $191M, boosting commercial vehicle tech.
KPIT Technologies has acquired Caresoft Global's engineering solutions business for up to $191 million, focusing on the truck and off-highway vehicle segments.
This move strengthens KPIT's vehicle engineering capabilities, expands its offerings in commercial vehicles, and provides a pathway to enter the Chinese market.
The partnership aims to bring Chinese innovation in vehicle electrification and AI to global markets, offering cost savings and technological advancements.
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KPIT Technologies compra la unidad de ingeniería de Caresoft por hasta $191 millones, impulsando la tecnología de vehículos comerciales.