Company type | Division |
---|---|
Industry | Automotive |
Founded |
|
Founders | Romeo Roman, Serafino Memmola, Isidoro Dall'Osto, Maria Pagliara |
Headquarters | Varese, Italy |
Key people | Gion Baker (CEO), Mario Rossetti (Chairman) |
Products |
|
Revenue | €110.2 million |
€4 million | |
€156.6 million | |
Number of employees | 832 |
Parent | Vodafone Global Enterprise |
Subsidiaries | |
Website | automotive.vodafone.com |
Vodafone Automotive SpA, based in Varese, Italy, offers automotive telematics and electronics through two business units. The company was originally listed on the Milan Stock Exchange on 12 December 2006. Originally named "Cobra Automotive Technologies SpA", it was acquired by Vodafone PLC in August 2014 for €145 million ($191 million) which was equivalent to Cobra's FY13 revenue, and delisted from the Milan Stock Exchange. On 1 April 2015 it changed name to its current form.[1]
The operations of Vodafone Automotive are delivered through two business units: Vodafone Automotive Telematics Services, dedicated to developing infrastructure and telematics services, and Vodafone Automotive Electronic Systems, focused on the design, development, production and distribution systems and electronic components. Vodafone Automotive Telematics SA, previously 80% owned by Vodafone Automotive and 20% by Tracker Connect Proprietary Limited, has direct operations in Brazil, Italy, France, Germany, Spain, Switzerland and the United Kingdom. In Malaysia, Russia and South Africa Cobra has strong relationships with leading regional players. Vodafone Automotive Electronic Systems has direct operations in Italy, China, Japan and South Korea.