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Slide #39. SiriusXM Radio Inc. — Agero, Inc.'s connected vehicle services division
SiriusXM Radio Inc. (NASDAQ:SIRI)
Agero, Inc.'s connected vehicle services division
Agero, Inc. announced today that it has entered into a definitive agreement under which SiriusXM Radio Inc. will acquire Agero, Inc.'s connected vehicle services division.
Sirius XM Holdings operates two complementary audio entertainment businesses through its wholly owned subsidiary, Sirius XM Radio Inc. (Sirius XM) and Sirius XM's wholly owned subsidiary, Pandora Media, LLC (Pandora). Co.'s Sirius XM business features music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, on a subscription fee basis. Co.'s Pandora business operates a music, comedy and podcast streaming discovery platform, providing a personalized experience for each listener wherever and whenever they want to listen, whether through mobile devices, car speakers or connected devices.
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Buy (3.42 out of 4)