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Panasonic Acquires Audio Streaming Platform Provider

07 April 2013

Panasonic has joined a growing number of companies investing in streaming content for the automotive market. Panasonic Corp. of North America and its division Panasonic Automotive Systems Co. of America have acquired Germany’s Aupeo GmbH, a leading content and audio streaming service and technology platform provider.

"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 Co. 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. 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 is licensed to operate streaming services in more than 40 countries, and provides more than 6,000 channels of terrestrial radio, podcast streaming and other services.

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