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Delphi beefs up portfolio in connected, automated cars

(Recasts with acquisitions in connected and self-driving cars)

DETROIT, July 30 (Reuters) - Auto parts supplier Delphi Automotive Plc announced several key transactions on Thursday that will beef up its expertise and capability in the fast-growing fields of connected cars and automated driving.

Delphi acquired Ottomatika, a Pittsburgh-based spinout from Carnegie Mellon University that makes software that controls automated driving systems, and invested in Quanergy Systems, a Silicon Valley maker of low-cost, solid-state laser imaging systems that are an integral component in self-driving cars. The company also reported that second-quarter profit from continuing operations and revenue fell.

Connected cars and their drivers can communicate, send and receive...


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