NNG, developer of the award-winning iGO Navigation software based in Budapest, has acquired nfuzion, an American HMI prototyping company.The acquisition will allow NNG to broaden its presence in automotive on-board systems.
Already a leading supplier of navigation software, content, and services, NNG plans to develop infotainment and HMI technologies, which highlights the company’s growing influence in the automotive market. nfuzionspecializes in advanced technology solutions for the automotive industry. Their capabilities range from industrial and UI design to mechanical and electrical engineering. They bring 14 years of in-car entertainment knowledge to NNG, having worked withnumerous international car brands, and give NNGa new range of tools, products, and consulting to utilize on future projects. NNG and nfuzion had previously worked together and expressed mutual interest in combining their efforts.
“We identified a strategy that would enable NNG to expand its presence in cars,” said Péter Balogh, CEO of NNG.“It was obvious early in our cooperation that we shared a passion for the automotive industry and HMI design, and we recognized the same problems facing automakers today. Combining NNG’s expertise in navigation software and nfuzion’s expertise in HMI design, we can solve those problems.”
“This acquisition has served as validation for years of hard work,” said Kris Hanon, Principal of nfuzion. “Being able to lend our HMI experience and services to an international company like NNG is truly inspiring. I have no doubt that such a collaboration will takeour vision andproducts to a new level of innovation.”
Now a subsidiary of NNG, the nfuzion team and theiroffices in Georgia and Virginia will fall under the NNG umbrella. This expansion continues an upward trend for NNG, which has increased its revenue by nearly 50% and its workforce by over 20% in each of the last 4 years. NNG now has close to 700 employees, with further recruitment efforts planned for the future.
