Sirius XM Expands Dashboard Capabilities With $530 Million Agero Acquisition

Sirius XM Radio is set to acquire Agero‘s Connected Vehicle Services division for $530 million in cash by the fourth quarter. This means that in addition to Siriux XM’s leading reputation in satellite radio, they will also be the leading provider of connected vehicle services to auto makers, as well as insurance companies.

Dave Ferrick, CEO of Agero, basically summed it up in a statement saying, “As the automotive telematics industry has evolved, connected vehicle services have become increasingly focused on integration and infotainment, and we believe that SiriusXM is perfectly positioned to take these capabilities forward in this changing market.”

Sirius has also been developing telematics services and technologies in the past couple years with automobile companies like Nissan and Ford.

2 Responses

  1. Plastic Glove

    fantastic submit, very informative. I’m wondering why the opposite specialists of this sector don’t understand this. You should continue your writing. I’m confident, you’ve a great readers’ base already!

  2. Ruffle Scarves

    Thanks for the post. My spouse and i have continually observed that a lot of people are needing to lose weight since they wish to show up slim and also attractive. Nonetheless, they do not usually realize that there are other benefits so that you can losing weight as well. Doctors insist that overweight people come across a variety of health conditions that can be perfectely attributed to their particular excess weight. Fortunately that people who are overweight in addition to suffering from numerous diseases are able to reduce the severity of their illnesses by losing weight. It is easy to see a constant but identifiable improvement in health whenever even a negligible amount of losing weight is realized.