Ford Buys Livio
September 27, 2013 at 4:09 AM (PT)
FORD MOTOR COMPANY has purchased FERNDALE, MI-based in-dash car connectivity company LIVIO for an undisclosed price. LIVIO, which becomes a wholly-owned subsidiary and separate department of FORD GLOBAL TECHNOLOGIES, makes software used to make smartphone connection to in-dash entertainment and information systems easier.
“With the additional expertise LIVIO provides us, FORD intends to continue to lead the next generation of in-car connectivity with technology advancements that give consumers more options to access their devices on the go,” said FORD CTO/VP, FORD Research and Innovation PAUL MASCARENAS.
“At LIVIO, our philosophy is centered on bringing customers more connectivity with less hassle,” said LIVIO CEO JAKE SIGAL. “We believe this partnership is an excellent match, as it will give us the ability to work with LIVIO to provide customers even more access to new technologies in the vehicle infotainment space.”
“FORD is acquiring LIVIO to advance connectivity for our customers and to lead the way in in-vehicle connectivity for the entire automotive industry,” said FORD GLOBAL TECHNOLOGIES Pres./CEO BILL COUGHLIN.