SiriusXM acquires connected vehicle services company

6638 Sirius XM Radio, which offers audio entertainment and data services in vehicles has acquired Automatic Labs, a San Francisco-based provider of connected vehicle services for consumers and enterprises.

Automatic's Automatic Pro and Automatic Lite connected car adapters provide vehicle diagnostic alerts, emergency crash assistance, fuel monitoring, access to parking information, live vehicle location tracking and much more. The company also works with insurance companies to enable usage-based savings and teen driver coaching and works with automotive dealers to provide tools that help manage their vehicle inventory and customer service relationships.

With the acquisition of Automatic, SiriusXM aims to strengthen its position with data collection and analytical tools that will enrich key elements of the connected vehicle experience.