KPIT Technologies has paid full and final tranche of EUR 8.19 million towards balance 75% stake in Future Mobility Solutions GmbH (FMS) on 29 September 2023.
The total consideration for 100% shareholding is EUR 15.19 million including full and final tranche of EUR 8.19 million.
FMS is engaged in Software and Feature Development in Autonomous Driving, ADAS & Vehicle Safety and Integration & Validation.