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April 27, 2017 02:02 pm GMT
SiriusXM has acquired Automatic, the maker of the Automatic Pro and Automatic Lite connected car OBD-II port accessories. TechCrunch has learned that the deal was worth over $100 million, and SiriusXM and Automatic both note in releases announcing the news that the brand will remain separate, and Automatic’s products and team will remain focused on the same mission. For Automatic users,… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xjho1WWGpHI/
SiriusXM acquires connected car company Automatic for over $100M
SiriusXM has acquired Automatic, the maker of the Automatic Pro and Automatic Lite connected car OBD-II port accessories. TechCrunch has learned that the deal was worth over $100 million, and SiriusXM and Automatic both note in releases announcing the news that the brand will remain separate, and Automatic’s products and team will remain focused on the same mission. For Automatic users,… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/xjho1WWGpHI/
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