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Magna buying automotive electronics engineering business Telemotive AG

2016-04-25 16:37:46| Canadian Plastics Headlines

In a move to facilitate the growth of connected cars, automotive parts supplier Magna International Inc. is acquiring Germany-based Telemotive AG, an engineering service provider for automotive electronics. The terms of the deal have not been disclosed. The transaction is… The post Magna buying automotive electronics engineering business Telemotive AG appeared first on Canadian Plastics.

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