Announced
Financials
Sources
Tags
Auto Services
Private
Pending
Acquisition
automotive data communications
Majority
Germany
Domestic
Friendly
Single Bidder
Synopsis
in-tech, a technology solutions provider, agreed to acquire Ruetz Systems Solutions, a provider of automotive data communications. Financial terms were not disclosed. "Connected services and complex data communication are fundamental building blocks for the vehicle architecture of the future. Ruetz System Solutions complements our broad range of services in the automotive sector with important expertise in the area of digitalization in the vehicle," Christian Wagner, in-tech CEO.
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