Vodafone to purchase Cobra Automotive Technologies for $197.5M


Vodafone (VOD) has announced it plans to buy Cobra Automotive Technologies for €145M ($197.5M).

The acquisition will increase Vodafone's machine-to-machine capabilities, and provide a greater amount of services to automotive customers.

The offer is still pending antitrust approvals, and is expected to complete in the third quarter of 2014.

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    Colao using money very wisely here....
    17 Jun 2014, 01:06 PM Reply Like
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