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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