Volkswagen has acquired a 75% stake in Volvo owned subsidiary WirelessCar. The purchase price amounts to just under app. SEK 1.1bn. WirelessCar employs approximately 370 IT experts worldwide and is acknowledged as a leading specialist in vehicle connectivity. Volkswagen Group is using WirelessCar's connectivity technology to drive the development of its digital ecosystem and cloud based platform, where also Microsoft also are involved.
