Ford Acquires the Livio Software Company to improve In-car Connectivity
01 Oct 2013
On 26th September 2013, Ford announced that they are planning to acquire Livio, a Ferndale, Mich.-based software development startup. The acquisition will increase the ability and efficiency of the Ford Motor Company to meet the needs and desires of consumers regarding safety, innovation, seamless access to the high tech electronic features that they love to have in their vehicles, said by the officials of Ford Motor Company.
The Livio is a Software company designing tools to support Smartphones and for car connectivity to deliver high level of convenience and comfort to the users. The Livio has a very strong track record for creating in-car connectivity features and the Ford Motor Company purchase this software development company to accelerate the process of innovation and creativity by utilizing the talent and skills of each other’s engineer. Both the companies are excited to work together to develop unique standards in the industry for Smartphone to vehicle communication. The Ford and Livio develop some new standards in a way the customers want to connect their Smartphones to their vehicles. The improvement in Smartphone to vehicle communication improves the vehicle safety, the driver’s access and convenience.
The Livio CEO, Jake Sigal said, “At Livio, our philosophy is centered on bringing customers more connectivity with less hassle. We believe this partnership is an excellent match, as it will give us the ability to work with Ford to provide customers even more access to new technologies in the vehicle infotainment space.”
About this acquisition, the vice president Ford Research and Innovation and Chief technical officer, Paul Mascarenas said, “With the additional expertise Livio provides us, Ford intends to continue to lead the next generation of in-car connectivity with technology advancements that give consumers more options to access their devices on the go.”