SiriusXM to acquire Automatic Labs.

SiriusXM, radio company has agreed to acquire Automatic Labs, a San Francisco-based provider of connected vehicle services for consumers and enterprises. Financial terms were not disclosed. "The acquisition of Automatic is a natural fit for SiriusXM as we continue to expand and improve our connected vehicle services. Automatic's innovative products have brought safety and intelligence data and analytics to the forefront of vehicle connectivity. We are excited to welcome the talented employees at Automatic to SiriusXM as we expand the possibilities of connected vehicle offerings and services for manufacturers, drivers, and enterprises." Jim Meyer, SiriusXM Chief Executive Officer.