Lear Corporation Acquires Xevo Inc.
April 17, 2019
Lear Corporation completed the acquisition of Seattle-based Xevo Inc., a provider of connected-car software, in April 2019. The deal strengthens Lear's software, services, and data analytics capabilities for in-vehicle connectivity and commerce; Xevo employs roughly 300 people, primarily in Seattle and Tokyo.
- Buyers
- Lear Corporation
- Targets
- Xevo Inc.
- Industry
- Automotive
- Location
- Washington, United States
- Transaction Type
- Buyout
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