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Acquired byVerizon Communications
Price$612M
Date6/2012

General Information

Websitehughestelematics.com
Twitter@hughestelematic
CategoryMobile/Wireless
Phone770-391-6400
Employees
Founded2007
DescriptionAutomotive Connectivity Solutions

Offices

Atlanta, USA
41 Perimeter Center East
Suite 400
Atlanta, GA, 30346
USA

Funding

TOTAL $67.3M
FUNDING TOTAL $67.3M
Venture Round, 5/2010
$15.4M
Venture Round, 2/2011
$5M
Private Equity, 10/2011
$46.9M

Tags

Hughes Telematics

Hughes Telematics Inc. (HTI) develops a suite of information-based and wireless services that are adaptable to any sort of vehicle platform. The HTI solutions are developed to be open source architecture, with a telmatics platform “allowing for interconnectivity between multiple content providers, call centers and in-vehicle hardware platforms.”

Some of the HTI values include “safety and security as the foundation,” “a flexible platform for enhanced multiparty services,” “a comprehensive yet simple user experience,” and more.

HTI also customizes to Aftermarket, Manufacturer, and Fleet solutions.

Recent Milestones

Videos

Screenshots

Hughes Telematics screenshot
Above: Hughes Telematics Screenshot -- #1
Uploaded: 2/8/10

Sources

  1. Verizon to buy Hughes Telematics for $612 million (reuters.com) [edit]
  2. SEC (sec.gov) [edit]
  3. SEC (sec.gov) [edit]
  4. SEC (sec.gov) [edit]
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Last Edited 3/5/14

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