SECAUCUS, N.J., April 8, 2013 /PRNewswire/ -- Panasonic
Corporation of North America and
its division company Panasonic Automotive Systems Company of
America today announced the acquisition of Aupeo GmbH, a leading
content and audio streaming service and technology platform
provider, based in Berlin,
Germany. Aupeo has global reach providing consumers with a
unique content experience, and its acquisition will further enhance
the leading-edge technology and customer relationship tools
Panasonic is able to offer its automotive customers.
"Providing connected services and mobile content delivery that
both appeal to consumers and enable product differentiation is
critical to the automotive industry," said Tom Gebhardt, President of Panasonic Automotive
Systems Company of America. "There is a considerable need for
a connected and personalized media content platform that enables
consumers to access content on any device while also enabling
businesses to have a richer relationship with their
customers. Conventional consumer-focused music and content
services do not address all the needs of car manufacturers. Aupeo's
technologies and content delivery platform provide a solution that
is complementary to Panasonic's automotive, business-to-business
and business-to-consumer product lines."
"Aupeo was founded with a clear vision to deliver online and
seamless content services to internet-connected devices," said
Holger G. Weiss, CEO of Aupeo. "At
that point, we saw the car as our most important focus. It is
exciting to become a part of the Panasonic family as our industry
continues to grow rapidly and mature. Aupeo and Panasonic
remain deeply committed to providing current and potential
customers in all industries with leading global music and audio
streaming services and technologies."
Aupeo was established in Berlin
in 2008 by Armin G. Schmidt. Today,
Aupeo is licensed to operate streaming services in more than 40
countries, offering consumers a rich personalized music
experience. Aupeo also offers consumers more than 6,000
channels of terrestrial radio, podcast streaming and other services
and will continue to rapidly deploy new products to meet the
demands of end-users as well as Panasonic's customers in the
automotive and other industries. For more information on
Aupeo,visit corporate.aupeo.com
About Panasonic Automotive Systems Company of
America
Based in Peachtree City,
GA, and with Detroit-area
operations located in Farmington Hills,
MI, Panasonic Automotive Systems Company of America is a
division company of Secaucus,
NJ-based Panasonic Corporation of North America, the principal North American
subsidiary of Panasonic Corporation of Osaka, Japan, one of the world's leading
developers and producers of innovative digital and other electronic
products for consumer, business and industrial use. Panasonic
Automotive Systems Company of America, together with Panasonic
Corporation's Automotive and Industrial Systems Company,
coordinate global automotive industry systems and component
operations. For more information on Panasonic Automotive
Systems Company of America please visit
www.panasonic.com/automotive
Photos available upon request
SOURCE Panasonic