Laird completed the acquisition of Novero for €65m.

Laird, a global leader in the field of RF engineering, completed the acquisition of Novero, a company making telematics products for automotive clients for €65m ($70.5m). With the acquisition of Novero, Laird is able to unite these connectivity solutions under one global technology designer and manufacturer. Laird’s vehicle to vehicle and vehicle to infrastructure solutions ensure that cars and trucks are connected and able to receive traffic and safety alerts along with a 4G LTE signal. Novero’s antenna coupling, near field, and in-car hot spot technologies help drivers and passengers process those alerts and utilize connected devices. “The Connected Car is not simply about being able to stream music or entertainment in a vehicle. It’s about improving driver safety, increasing vehicle efficiency, and enhancing the driving experience,” David Lockwood, Laird CEO.