SiriusXM acquires Automatic Labs
Acquisition strengthens SiriusXM’s connected vehicle business
SiriusXM has acquired Automatic Labs for an undisclosed amount, the company announced in a press release on 27 April. Automatic Labs, with headquarters in San Francisco, California (United States), is a major supplier of connected vehicle solutions for consumers and enterprises. The company’s proprietary Automatic Pro and Automatic Lite connected car adapters provides vehicle diagnostic alerts, emergency crash assistance, fuel monitoring, access to parking information and live vehicle location tracking.
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