Παρασκευή, 22 Αυγούστου 2014



NNG Headquarter in Budapest
NNG Headquarter in Budapest
 
 
NNG, a supplier of navigation software to the auto industry has announced today the acquisition of nfuzion, an American HMI prototyping company. This acquisition will allow NNG to broaden its presence in automotive on-board systems. financial details of the deal were not disclosed.

nfuzion capabilities range from industrial and UI design to mechanical and electrical engineering. the company founded in 2000 has worked with international car makers, tier one and tier two automotive suppliers.

Now a subsidiary of NNG, the nfuzion team and their offices in Georgia and Virginia will fall under the NNG umbrella.

NNG, headquartered in Budapest, turned on $72 Million in revenue and $20.5 million in profit last year according to public records quoted by the Budapest Business Journal.

The company, with a staff nearing 700 employees, publicly disclosed it has increased its revenue by 46% last year, experiencing a 43.5% increase in its gross profit compared to 2012, while its operating profits increased by nearly 70%.

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