Thundersoft acquires Rightware to strengthen its position in connected car software market

, ,
Integral service around a transaction
BY : Diego GutiérrezDecember Wed, 2016
The Chinese company, which is listed on the Shenzhen Stock Exchange and backed by investors such as Intel Capital and Qualcomm VenturesThe Helsinki-based company, Rightware, has acquired Helsinki-based Rightware to strengthen its position in the automotive software market and enter new geographic markets.
About Thundersoft

Thundersoft, founded in 2009, is a global leader in smart device and mobile operating system solutions. The company provides solutions and services to smartphone, tablet, IoT, automotive and enterprise markets with full-stack engineering resources spanning software and hardware.

 To date, Thundersoft had seven R&D centres in China and was present in Japan, South Korea and the United States. The automotive market is one of the fastest growing segments for Thundersoft.

 "This rapid growth in such a short period of time has been possible thanks to the support the company has received from renowned investors such as Qualcom Ventures, which led its first round in 2011 and has accompanied it both financially and strategically since then," says Diego Gutierrez, corporate finance expert at Abra-Invest.

About Rightware

Rightware , founded in 2009 is the market leader in user interface technology, serving the mobile communications integration, automotive and related industries with its Kanzi solution, and develops industry-leading tools for system performance analysis. The company, headquartered in Espoo, Finland, has offices in Saratoga, CA, Shanghai and Munich.

It is on Deloitte's Fast 50 list of fastest growing technology companies in 2015, and its year-end sales are expected to reach €7M.

Rightware has received a total of $9.49M in two investment rounds.

What prompted Thundersoft to buy?

Strengthening its position on the automotive market

The automotive market is the fastest growing sub-segment for Thundersoft. By acquiring the leading provider of automotive user interface software, Thundersoft ensures that it maintains its strong position in the sector. In recent years, we have noticed that companies offering software solutions for the automotive industry are being created and supported by investors in order to grow, innovate and gain a foothold in the market. By joining forces, these two companies will be able to offer better and more complete solutions to their customers and differentiate themselves.

Entering new geographic markets

The acquisition of Rightware is Thundersoft's first acquisition in Europe. In addition to strengthening its position in the Asian market, where Rightware has offices, it allows Thundersoft to enter the European and American markets.

Offering more complete solutions in a sector where innovation is taking place

In recent years, numerous companies offering software solutions to the automotive industry have been created and these companies are growing rapidly thanks to the support of investors. In 2016, we have detected 28 investment rounds in the sector and of these companies, the majority were created after 2012. The arrival of new competitors and the new innovations they are bringing to the market, makes it necessary to join forces to be stronger, to be able to offer better solutions, in more markets and to differentiate themselves.

Companies active in the automotive software market

 Thundersoft acquires Rightware to strengthen its position in connected car software marketWe have  a complete list of software companies in the automotive sector, their investment rounds and acquisitions in the sector, which you can get by filling in the contact form or by calling + 34 946424142

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?