KPIT Technologies JV to get up to €10 million investment from Qualcomm

KPIT Technologies JV to get up to €10 million investment from Qualcomm

shares are in focus as Qualcomm Ventures becomes the third shareholder in Qorix GmbH, a joint venture with ZF Friedrichshafen. Qualcomm can increase its stake up to €10 million. Qorix focuses on automotive middleware for Software Defined Vehicles. KPIT's stock fell 2.3% on Thursday, down 37% from its peak.