Eberspaecher buys stake in PACE Telematics, gets cloud-connected

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Automotive system developer and supplier Eberspaecher has acquired a stake of more than 20 pc in Karlsruhe-based start-up PACE Telematics GmbH, reflecting its aim to expand its business into cloud-based mobility services and connectivity solutions. Eberspaecher is known as a supplier of thermal management, exhaust and electronic systems, but “we ...

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