Volkswagen purchases WirelessCar for $122 million

WirelessCar

Volkswagen (VW) is purchasing a controlling stake in Volvo’s WirelessCar, a digital service developer skilled in connected driving, for 1.1 billion Swedish crowns ($122 million), the companies stated on Wednesday. The automaker said WirelessCar technology would further its mission of developing value-added services for consumers by allowing safe and stable data exchange between operating systems […]