Market Insight

Cubic Telecom lands strategic investment from M2M investors

May 29, 2015  | Subscribers Only

Sam Lucero Sam Lucero Senior Principal Analyst, IoT Platforms
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In May, Cubic Telecom announced it had secured an €18 million equity investment from Qualcomm and Audi Electronics Ventures, the investment arm of automaker Audi. This represents Qualcomm’s fourth investment in Cubic; however, the addition of Audi represents a minor coup for Cubic as it represents...

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