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Vodafone Automotive S.p.A.
Company type
Division
Industry
Automotive
Founded
1975 (as Delta Elettronica s.a.s. di Dall'Osto Isidoro & C.)
2004 (as Cobra Automotive Technologies)
2015 (as Vodafone Automotive)
Founders
Romeo Roman, Serafino Memmola, Isidoro Dall'Osto, Maria Pagliara
Headquarters
Varese, Italy
Key people
Gion Baker (CEO), Mario Rossetti (Chairman)
Products
Anti-theft vehicle
Assistance Systems maneuvers
Services for the recovery of stolen vehicles
Wireless Communication Systems
Management services for corporate fleets
Multimedia products for Camper
Revenue
€110.2 million
Operating income
€4 million
Net income
€156.6 million
Number of employees
832
Parent
Vodafone Global Enterprise
Subsidiaries
Cobra Do Brasil Serviços De Telematica São Paulo, (Brazil)
Vodafone Automotive Telematics Development Valbonne, (France)
Vodafone Automotive SpA, based in Varese, Italy, offers automotive telematics and electronics through two business units. The company was originally listed on the Milan Stock Exchange on 12 December 2006. Originally named "Cobra Automotive Technologies SpA", it was acquired by Vodafone PLC in August 2014 for €145 million ($191 million) which was equivalent to Cobra's FY13 revenue, and delisted from the Milan Stock Exchange. On 1 April 2015 it changed name to its current form.[1]
The operations of Vodafone Automotive are delivered through two business units: Vodafone Automotive Telematics Services, dedicated to developing infrastructure and telematics services, and Vodafone Automotive Electronic Systems, focused on the design, development, production and distribution systems and electronic components.
Vodafone Automotive Telematics SA, previously 80% owned by Vodafone Automotive and 20% by Tracker Connect Proprietary Limited, has direct operations in Brazil, Italy, France, Germany, Spain, Switzerland and the United Kingdom. In Malaysia, Russia and South Africa Cobra has strong relationships with leading regional players.
Vodafone Automotive Electronic Systems has direct operations in Italy, China, Japan and South Korea.
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