SoftBank Corp. Invests in Cubic Telecom to Pioneer the Future of Software-Defined Connected Vehicles and IoT Assets Globally

SoftBank Corp., a telecommunications and IT operator headquartered in Tokyo, and Cubic Telecom Ltd., a leading global provider of software-defined connected vehicle1 solutions headquartered in Dublin, today announced they signed a definitive agreement whereby SoftBank will invest approximately €473 million2 in Cubic Telecom for a 51.0% equity stake3 in the company, at a valuation of …The post SoftBank Corp. Invests in Cubic Telecom to Pioneer the Future of Software-Defined Connected Vehicles and IoT Assets Globally appeared first on IoT Business News.