SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M (Ingrid Lunden/TechCrunch)

December 5, 2023

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Ingrid Lunden / TechCrunch:

SoftBank acquires a 51% stake in Dublin-based Cubic Telecom, which offers software-based networking for 17M+ vehicles, for €473M, valuing Cubic at €927M — Automakers and technology companies are building ever-more sophisticated digital platforms into the future generations of cars and other vehicles.

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