Wednesday, February 22, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Europe Probes Windows 10 Data Collecting Features
Google Dominates VR Headset Shipments But Samsung Gets The VR Revenues
Intel Announces 5G Mobile Trial Platform, New Atom And Xeon Processors
Verizon and Yahoo Agree to Lowered $4.48 billion Deal
New Snapdragon X20 LTE Modem Is Paving the Way for 5G
TrendForce Sees Three New iPhones Coming This Year, Including AMOLED Model With 3D Facial Recognition Function
New LG X400 Smartphone Launches In Korea
Samsung to Exhibit New VR Projects at Mobile World Congress 2017
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Vodafon...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, June 16, 2014
Vodafone To Buy Cobra Automotive Technologies


Vodafone is buying an Italian car electronics maker for 145 million euros ($197 million), seeking to get ahead in the race to connect more products to the internet.

Italian Cobra Automotive Technologies provides products aimed at improving car security, telecommunications and vehicle tracking for the automotive and insurance industries.

The acquisition of Cobra is in line with Vodafone's strategy to expand its machine-to-machine (M2M) capability beyond connectivity.

Erik Brenneis, Director of M2M, Vodafone said: "The combination of Vodafone and Cobra will create a new global provider of connected car services. We plan to invest in the business to offer our automotive and insurance customers a full range of telematics services."

Vodafone said it would offer 1.49 euros a share to buyout shareholders in Italian group. Cobra's majority shareholder Intek Group said in a statement it had agreed to tender its 51.4 percent stake in Cobra for 74.3 million euros.

The acquisition is expected to complete in the third quarter of 2014.




Previous
Next
BlackBerry Launches BBM Protected for Secure Enterprise Messaging        All News        ARM Offers To Universities DSP 'Lab-in-a-Box' for Audio Systems
BlackBerry Launches BBM Protected for Secure Enterprise Messaging     Mobiles News      Microm Introduces Two Windows Phone Devices in India

Get RSS feed Easy Print E-Mail this Message

Related News
Ericsson and Vodafone join Forces On 5G Technologies
Vodafone and Huawei Achieve First GSM-LTE Spectrum Trials
Vodafone Says Its Network Is Tapped
Vodafone to acquire Spanish Cable Firm Ono For $10bn
Vodafone To Promote Ubuntu On Mobiles
FCC Clears Verizon Purchase of Vodafone Stake
AT&T Intrested In Vodafone: report
European Regulators Approve Acquisition of Kabel Deutschland by Vodafone
Hackers Steal Consumer Data From Vodafone Germany's Servers
Verizon To Acquire Vodafone's 45 Percent Interest In Verizon Wireless For $130 Billion
Vodafone in Talks With Verizon To Sell U.S. Venture
Vodafone Buys Kabel Deutschland

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .