SoftBank Corp buys $514 million majority stake in car software firm Cubic Telecom

LONDON/TOKYO (Reuters) – SoftBank Corp will invest roughly 473 million euros ($514 million) to take a 51% equity stake in Cubic Telecom that will give the Dublin-based connected-vehicle technology provider greater access to Asian automakers.

Original article here

Leave a Reply

Your email address will not be published. Required fields are marked *