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Lear to buy GPS technology developer EXO Technologies

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Acquisition, divestment & Spinoff

Acquisition to boost Lear’s connected vehicle systems by improving GPS accuracy and reliability

Automotive seating and electrical systems supplier Lear has inked a definitive agreement to acquire Israel-based EXO Technologies, a developer of GPS technology for autonomous and connected vehicle applications, the company announced in a press release yesterday (11 December).

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