- notes
- {"acquirer": "SiriusXM (Sirius XM Holdings Inc.)", "announcement_date": "2017-04-27", "close_date": "2017-04-18", "purchase_price_usd": {"press_advisor_figure": 115000000, "press_advisor_sources": ["https://www.ftpartners.com/transactions/automatic", "https://www.autonews.com/article/20170428/OEM06/170429803/siriusxm-acquires-connected-vehicle-services-company-for-115-million/", "https://www.crunchbase.com/organization/automatic-com"], "sec_net_figure": 107700000, "sec_net_note": "Aggregate purchase price net of cash and restricted cash acquired", "sec_sources": ["https://investor.siriusxm.com/sec-filings/all-sec-filings/content/0000908937-18-000014/siri-20171231x10k.htm", "https://investor.siriusxm.com/sec-filings/sirius-xm-holdings-inc/xbrl_doc_only/1338"]}, "post_acquisition": "Operated as SiriusXM subsidiary; brand/products initially retained separately per acquisition announcements", "shutdown": {"service_end": "2020-05-28T23:59:00-07:00", "reason_cited": "COVID-19 pandemic adversely impacted business (fewer vehicle purchases/leasing and less driving)", "operating_status": "Closed / services discontinued", "source_urls": ["https://listenercare.siriusxm.com/prweb/autoredirect/app/ExternalKM/help/SupportCenter/article/KC-2203/Automatic-Labs-Update", "https://www.theverge.com/2020/5/1/21244295/automatic-labs-vehicle-tracking-service-covid-19-pandemic-rebate-may-28th", "https://www.cnet.com/roadshow/news/automatic-connected-car-service-dead-may-coronavirus/", "https://www.crunchbase.com/organization/automatic-com"]}, "source_urls": ["https://investor.siriusxm.com/news-events/press-releases/detail/1777/siriusxm-acquires-automatic-labs-inc", "https://www.prnewswire.com/news-releases/siriusxm-acquires-automatic-labs-inc-300447085.html"]}
- source urls
- ["https://investor.siriusxm.com/news-events/press-releases/detail/1777/siriusxm-acquires-automatic-labs-inc", "https://www.prnewswire.com/news-releases/siriusxm-acquires-automatic-labs-inc-300447085.html"]