Delphi Agrees To Acquire Unwired Technology, Terms Not Disclosed

(RTTNews) - Delphi Automotive Plc. (DLPH) has entered into a definitive agreement to acquire media connectivity module supplier, Unwired Technology LLC, thus expanding its data and media connectivity capabilities.

The transaction is expected to close in the fourth quarter. Terms of the transaction were not disclosed.

The acquisition of Unwired follows the recently announced agreement to acquire Antaya Technologies Corp., a supplier of proprietary on-glass connectors.

The two acquisitions significantly enhance Delphi's product offerings in the rapidly growing automotive electrical connectors business, giving it more ways to meet its customers' needs.

Rodney O'Neal, Delphi chief executive officer and president, said, "Unwired's products strengthen our overall electrical architecture and electrical connector offerings, which is supporting increased electronics content per vehicle."

Unwired's connectivity products provide two-way data connections between smartphones and tablets and in-car infotainment systems, allowing consumers to safely access content in the vehicle. These media connectivity modules can handle multiple devices, provide high-speed charging capabilities and enable seamless access to content through emerging infotainment software solutions.