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SiriusXM Acquires Bay Area-Based Automatic Labs
RADIO ONLINE | Thursday, April 27, 2017 |
SiriusXM has acquired Automatic Labs Inc. (Automatic), a San Francisco-based provider of connected vehicle services for consumers and enterprises. ALI's data-driven platform enables vehicle owners to be safer and drive smarter. The company's proprietary Automatic Pro and Automatic Lite connected car adapters provide vehicle diagnostic alerts, emergency crash assistance, fuel monitoring, access to parking information, live vehicle location tracking and more.
"The acquisition of Automatic is a natural fit for SiriusXM as we continue to expand and improve our connected vehicle services," said SiriusXM CEO Jim Meyer. "Automatic's innovative products have brought safety and intelligence data and analytics to the forefront of vehicle connectivity. We are excited to welcome the talented employees at Automatic to SiriusXM as we expand the possibilities of connected vehicle offerings and services for manufacturers, drivers, and enterprises."
"Automatic is thrilled to join forces with SiriusXM at such an exciting time for the connected car," added Automatic CEO Gary Clayton. "Automakers, enterprises, and consumers are looking for the best products with world-class capabilities, and our teams will continue to bring innovation to the connected vehicle landscape under SiriusXM."
Automatic will continue to be based in San Francisco, and the Automatic brand, its products and services, and arrangements will continue unchanged.
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