SiriusXM buying connected vehicle unit of Agero for $530M
Green Car Congress
AUGUST 15, 2013
Sirius XM Radio has entered into a definitive agreement to acquire the connected vehicle services business of Agero, Inc. The acquisition of Agero’s connected vehicle business is a natural fit for Sirius XM. Morgan Stanley acted as financial advisor to SiriusXM in connection with this transaction. for $530 million in cash.
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