We continued to strategically position Delphi’s product portfolio in high-growth spaces that address the industry megatrends of Safe, Green and Connected through a series of value enhancing portfolio modiﬁcations.
In 2015, we acquired Ottomatika, a startup that grew out of Carnegie-Mellon University. This significantly advanced our ability to develop and refine autonomous driving systems software. Our acquisition of Control-Tec, a leading Software-as-a-Service (SaaS) provider of telematics and analytics primarily for vehicle testing events during the late stages of product development, better positions Delphi to provide even greater support to our customers, who face increased challenges through greater vehicle complexity and regulations as they prepare to launch new products. Acquiring HellermannTyton expands our world-class wiring, cabling and connector capabilities, while taking us into exciting adjacent industries.
We also extended our technology partnership with Quanergy to an investment in the company, which is putting innovative, affordable, solid-state LiDAR into the active safety mix. Investing in Tula Technology gives us direct access to its revolutionary dynamic skip fire engine technology—a green, fuel-saving tech which, depending on the engine load, deactivates certain cylinders while dynamically ensuring the engine stays in balance without any effect on the driving experience.