Audi invests in Cubic Telecom
Audi subsidiary Audi Electronics Venture GmbH (AEV) has acquired a “strategic minority interest” in the Irish mobile telephone provider.
Peter Steiner, head of AEV, said: “Audi and Cubic Telecom are strong development partners of connected infotainment solutions and intend to connect the models of the Audi brand even better with its environment and the internet in the future.”
Barry Napier, CEO of Cubic Telecom, added: “The automotive industry is changing faster than ever, and connectivity in the car is at the heart of it. With this partnership Cubic and Audi will work together on a wide range of future connectivity applications.”
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