Lear Corp., a Southfield, MI-based manufacturer of car seats, automotive electrical systems, and other products, announced Tuesday it has agreed to acquire Xevo, a Seattle-based developer of connected vehicle software, for $320 million. Lear (NYSE: LEA) has been in business for over a century, and says its products are used by nearly every major automaker.
Transportation
April 3 2019 1:57 pm
April 3 2019 1:57 pm