Automotive Connected Vehicle Platforms sector
Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Automotive Connected Vehicle Platforms
1.1 - About Automotive Connected Vehicle Platforms sector
Companies in the Automotive Connected Vehicle Platforms category build cloud-native and edge-enabled software that connects cars to digital services and enterprise systems. They provide the infrastructure to ingest vehicle data, manage devices, orchestrate connectivity, and deliver over-the-air updates. Customers use these platforms to launch connected services, enable remote diagnostics, comply with data regulations, and monetize telematics with faster time to market and lower lifecycle costs.
Offerings typically span telematics data ingestion and normalization, OTA firmware and software update management, remote diagnostics with fault-code decoding, and predictive maintenance analytics. Vendors ship embedded SDKs for edge computing, device provisioning, and secure identity, alongside connectivity orchestration for cellular, Wi‑Fi, and eSIM management. Many provide API gateways and developer portals, infotainment app distribution and payments, and V2X messaging support, underpinned by cybersecurity, consent management, and data governance controls.
Primary customers include automotive OEMs and Tier‑1 suppliers, as well as fleet operators and mobility service providers. These companies use the platforms to accelerate connected program launches, reduce warranty and maintenance costs through proactive diagnostics, improve safety and uptime, and open new recurring revenue streams via subscriptions and data monetization. Solutions also help lower connectivity spend and enhance compliance with privacy and security requirements.
2. Buyers in the Automotive Connected Vehicle Platforms sector
2.1 Top strategic acquirers of Automotive Connected Vehicle Platforms companies
Sibros
- Description: Provider of a vertically integrated connected-vehicle software platform that links every ECU edge-to-cloud, delivering full-vehicle over-the-air updates, data collection and remote diagnostics to give automakers a single source of truth, accelerate time-to-market, reduce code defects and enable global fleet use cases in a compliant manner.
- Key Products:
- In-Vehicle Integration: Integrates customer software into vehicle systems, optimizes data logging, provides rigorous testing and firmware development support for faster launches and reduced in-house effort
- Backend Systems Integration: Connects backend systems to cloud platforms, integrates third-party tools like CI/CD and SAP, migrates data and enhances performance for scalable SDV ecosystems
- Data Sharing & Migration: Implements secure data transfer protocols, storage optimization
- API creation and real-time synchronization to protect sensitive data and enable seamless cross-system insights
- Mobile App Development: Defines user stories and PRDs, designs UI/UX, develops and tests iOS / Android apps, then deploys and maintains them to deliver engaging customer experiences and brand visibility.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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2.2 - Strategic buyer groups for Automotive Connected Vehicle Platforms sector
M&A buyer group 1: Connected Vehicles
CalAmp
- Type: N/A
- Employees: ●●●●●
- Description: Provider of telematics devices, SaaS-based fleet management and IoT solutions that deliver real-time visibility, asset tracking and operational efficiency for customers in transportation, logistics, public sector, industrial IoT and automotive industries.
- Key Products:
- CalAmp K-12 Fleet Software: Delivers real-time school bus tracking, safety monitoring and operational analytics, enabling districts to safeguard drivers and students while streamlining fleet efficiency and parent communications
- CalAmp Asset Tracking Devices: Hardware sensors that capture and transmit location and temperature data, giving shippers continuous visibility into sensitive cargo conditions and enhancing supply chain transparency
- GovOutlook (CalAmp iOn): Cloud platform integrating with Esri ArcGIS to offer real-time municipal fleet tracking, route overlays and public-facing maps, improving city service transparency and operational efficiency
- CalAmp GPS Devices and Services: Integrated GPS hardware and service suite delivering precise vehicle location data for ride-sharing fleets, enabling optimized routing, user convenience and scalable operations
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●● companies3. Investors and private equity firms in Automotive Connected Vehicle Platforms sector
3.1 - Buyout funds in the Automotive Connected Vehicle Platforms sector
2.2 - Strategic buyer groups for Automotive Connected Vehicle Platforms sector
4 - Top valuation comps for Automotive Connected Vehicle Platforms companies
4.2 - Public trading comparable groups for Automotive Connected Vehicle Platforms sector
Valuation benchmark group 1: IoT Device Connectivity and Management Companies
PTC
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of computer software and services specializing in product lifecycle management, computer-aided design, Industrial Internet of Things, and augmented reality solutions that enable industrial and manufacturing companies to digitally transform their engineering, manufacturing, and service processes across the Americas, Europe, and Asia-Pacific regions.
- Key Products:
- Windchill: Product lifecycle management suite for real-time information sharing and data visualization
- Creo: 3D CAD technology for digital design and product modeling
- ThingWorx: IoT platform for industrial connectivity and data analysis
- Vuforia: Augmented reality technology for visualizing digital information in physical contexts
- ServiceMax: Field service management solutions for optimized service and technician productivity.