FPT Acquires Nippon Seiki’s Polish Software Development Arm
Vietnamese IT services firm FPT has announced an agreement to acquire the Polish design and development branch of Nippon Seiki Europe. This move will lead to the establishment of a new subsidiary in Gdańsk, which will focus on automotive software.
Under the terms of the agreement, Nippon Seiki Europe, which is a part of the Japanese automotive components manufacturer, will transition its Gdańsk operations to FPT Poland. This business specializes in automotive embedded software development and currently employs 50 staff members.
FPT’s automotive CEO, Nguyen Duc Kinh, emphasized that this acquisition enhances their engineering capabilities and promises to maintain high quality alongside development speed. Meanwhile, Nippon Seiki stated that this divestment aligns with their medium-term management plan, which aims to boost profitability and growth, particularly in their HUD business sector.
The decision is part of a broader strategy to streamline operations, improve efficiency, and focus on essential business activities. Importantly, Nippon Seiki intends to continue outsourcing software development to FPT Poland post-transition and will maintain collaborative software efforts across Japan, Vietnam, and Europe.
FPT’s new Gdańsk subsidiary will specifically concentrate on embedded software and HUD development and validation, further strengthening its European presence. The deal is expected to take effect on October 2, 2026.
Key Highlights:
- Acquisition: FPT takes over Nippon Seiki’s Gdańsk operations.
- Focus: Automotive software, particularly embedded and HUD software.
- Impact: Minimal on Nippon Seiki’s overall performance; ongoing collaboration post-acquisition.
- Market Strategy: Aligns with Nippon Seiki’s focus on growth and profitability strategies for 2025-2027.
Additional Context:
This acquisition follows Nippon Seiki’s recent agreement to acquire the HUD business from Denso, covering its operational base in multiple countries including Japan, China, Spain, the US, and Mexico.