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DENSO Takes a Stake in Airbiquity to Advance Connected Vehicle Technology
Investment will accelerate the development of over-the-air systems, a critical component for connected cars
SOUTHFIELD, Mich., March 12, 2019 /PRNewswire/ -- DENSO, the world's second largest mobility supplier, today announced it has taken a $5M stake in Seattle-based Airbiquity Inc., a global leader in connected vehicle services and a pioneer in the development of automotive telematics technology. The investment will accelerate the development of over-the-air (OTA) systems for wirelessly updating automotive software from a remote location.
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