Acquired by SoftBank
Industries AgTechAnalyticsAutomotiveAutonomous VehiclesMobileSoftwareTelecommunicationsTransportationWirelessHeadquarters Regions European Union (EU), Europe, Middle East, and Africa (EMEA) Founded Date 2005 Founders Pat Phelan Operating Status Active Last Funding Type Venture - Series Unknown Legal Name Cubic Telecom Ltd.
Company Type For Profit
Contact Email info@cubictelecom.com Phone Number +353 1 486 0600
Cubic Telecom delivers innovative IoT connected software solutions to Automotive, Agriculture, and Transport manufacturers. Its ecosystem of revenue-generating services combines real-time analytics with global connectivity in 190 countries, always aligned to regional regulatory requirements.
Its global connected software platform PACE is used
by leading companies around the world including Audi, Microsoft, Kymeta, Panasonic Automotive, Volkswagen, CNH Industrial, Skoda, e.GO Mobile and Arrival.
Headed by CEO Barry Napier, the company is privately held with over €110 million in funding by Audi Electronics Venture GmbH, Qualcomm, Valid, the European Investment Bank, Enterprise Ireland, and the Ireland Strategic Investment Fund, among others.
Transaction Name Cubic Telecom acquired by SoftBankAcquired by SoftBankAnnounced Date Dec 5, 2023 Price $514M