Last month AT&T announced an agreement with SiriusXM Radio to provide mobile connectivity for a suite of security and additional services for Nissan automobiles in North America.
SiriusXM referred to its in-vehicle telematics solution, which will provide Nissan owners 24/7 emergency support for accidents, stolen vehicle tracking and roadside assistance, along with a host of additional services.
“As a Connected Vehicle services provider for Nissan, we are excited to work with AT&T to deliver a world-class telematics service to Nissan vehicles,” said Enrique Rodriguez, SiriusXM Executive Vice President, Operations and Products, at last month’s announcement.
“By adding fast, reliable and built-in mobile internet for SiriusXM’s forthcoming in-car experience, we are powering a connected experience inside Nissan automobiles for both drivers and passengers,” added Glenn Lurie, president of AT&T Emerging Enterprises and Partnerships Organization.
We didn’t heretofore think of SiriusXM as a telematics service provider (TSP) although they were in fact providing weather and traffic as well as entertainment. The AT&T agreement was a good-sized step toward TSP status – and now there’s more.
SiriusXM said this week that it will acquire Agero, Inc.’s connected vehicle services division for $530 million in cash. That leaves Agero to focus on its roadside assistance business, which is significant.
But with the Agero acquisition, SiriusXM will provide connected vehicle services to automotive manufacturers including Acura, BMW, Honda, Hyundai, Infiniti, Lexus, Nissan and Toyota – more manufacturers, it said, than any other telematics provider. Its services are available in more than 50 million vehicles.
“The transaction accelerates SiriusXM’s development in architecture supporting connected vehicle services, as well as the ability to provide services over both satellite and cellular networks,” said SiriusXM chief executive officer Jim Meyer.
“Connected vehicle services have become increasingly focused on integration and infotainment, and we believe that SiriusXM is perfectly positioned to take these capabilities forward in this changing market,” added Agero CEO Dave Ferrick.
So SiriusXM gives us something to look for – more telematics developments – as well as listen to.