BERLIN, Jan. 10 (Xinhua) -- Volkswagen Group and the founding shareholders of digital specialist diconium agreed on the acquisition by Volkswagen of all remaining shares of diconium, Germany's largest carmaker announced on Friday.
With diconium, Volkswagen was developing a "growing range of innovative digital added value services" both for its vehicles as well as mobile devices, said Volkswagen brand board member Christian Senger.
Volkswagen had already purchased 49 percent of the shares in diconium in November 2018. The completion of the acquisition of the remaining shares was still subject to antitrust approval, Volkswagen noted.
"Following a year of successful partnership", the founder of diconium were "very pleased to take up this unique opportunity for our company and our employees," said diconium co-founder Andreas Schwend.
Diconium is developing an online sales platform to enable Volkswagen customers to purchase and manage digital services and on-demand functions for their connected vehicles. Functions would include multimedia streaming in cars, automatic payment refueling, charging and parking as well as updates for the vehicle, Volkswagen noted.
According to Volkswagen, teams of both companies had already been working together since July 2019, for the development of mobility and digital services. Enditem
