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- Cubic Telecom, which provides a software-based networking solution for vehicles (and other devices) to link up with mobile networks in whichever country they happen to be, has picked up €473 million ($513 million at today’s rates) from SoftBank Corp. SoftBank is taking a 51% stake in the Dublin-based startup, valuing it at just over $1 billion (€927 million).
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Dec 5, 2023 · TOKYO & DUBLIN, December 05, 2023--SoftBank Corp. and Cubic Telecom signed an agreement whereby SoftBank will invest approx. 473 million EUR in Cubic Telecom for a 51.0% equity stake.
Dec 4, 2023 · SoftBank Corp. takes 51% of Cubic Telecom for $513M to drive into the connected car world. Automakers and technology companies are building ever-more sophisticated digital platforms into the ...
Dec 5, 2023 · With this investment, SoftBank and Cubic Telecom will form a strategic global partnership to pioneer the future of software-defined connected vehicles and other high-value Internet-of-Things (IoT) assets *4 by harnessing the power of global connectivity platforms.
Dec 5, 2023 · SoftBank Corp. is set to invest 473 million euros, equivalent to $513 million, in Cubic Telecom, a provider of software that helps vehicles link to computer networks and analyzes data from...
Dec 5, 2023 · SoftBank Corp has acquired a 51% stake in Cubic Telecom for $513 million, valuing the Dublin-based startup at over billion. The funding will be used to further develop Cubic Telecom’s technology and business and expand its presence in the connected car market.
Dec 5, 2023 · LONDON/TOKYO, Dec 5 (Reuters) - SoftBank Corp (9434.T) will invest roughly 473 million euros ($514 million) to take a 51% equity stake in Cubic Telecom that will give the Dublin-based...
Dec 5, 2023 · SoftBank Corp. will pay €473 million ($513 million) for 51% of Dublin-based Cubic Telecom Ltd., the companies said in a statement. The transaction values privately-held Cubic at more than 900...