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flag KPIT Technologies buys Caresoft's engineering unit for up to $191M, boosting commercial vehicle tech.

flag KPIT Technologies has acquired Caresoft Global's engineering solutions business for up to $191 million, focusing on the truck and off-highway vehicle segments. flag This move strengthens KPIT's vehicle engineering capabilities, expands its offerings in commercial vehicles, and provides a pathway to enter the Chinese market. flag 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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