Vodafone completes acquisition of Cobra Automotive Technologies S.P.A.
Ready Business Blog
News | August 2014
Vodafone has completed its acquisition of Cobra Automotive Technologies S.p.A (Cobra), bringing together two companies to create a leading connected car services provider.
Together, Cobra and Vodafone will be able to provide automotive and insurance customers with significant benefits from our joint global scale and capabilities in telematics and managed M2M connectivity. It will strengthen our ability to meet our customers’ expectations for connected car services.
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.”
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