Verizon Communications Inc. said Friday it plans to buy Atlanta-based Hughes Telematics Inc. for $612 million. The buyout will help Verizon make inroads into the high-octane "connected car" market.

Verizon on Friday said it will pay $612 million for Hughes Telematics, an Atlanta-based firm that specializes in automotive computer systems. HTI will play a key role in Verizon's strategy to ...

Hughes Telematics Inc., an automotive telecommunications firm, has raised $7.5 million, according to a Securities and Exchange Commission filing. Atlanta-based Hughes, which makes auto electronics ...

Verizon Communications, the second-largest US telecommunications group by revenues, agreed to acquire Atlanta-based Hughes Telematics, a leader in the emerging ‘connected vehicle’ market ...

Verizon Communications agreed to buy Hughes Telematics for $612 million in cash ... the company said yesterday. Atlanta-based Hughes sells products that offer GPS tracking, communications and ...

ATLANTA--(BUSINESS WIRE)--Hughes Telematics, Inc., (OTCBB: HUTC), a leader in providing next generation connected solutions, today announced that it has signed an agreement with Volkswagen Group ...

Headquartered in Atlanta, Ga., HUGHES Telematics offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way broadband connectivity to the vehicle. HUGHES ...

Headquartered in Atlanta, Ga., HUGHES Telematics offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way connectivity to the vehicle. Networkfleet ...

president of the Atlanta company. If it's priced right, that person is going to call Hughes, he says. Chrysler will install the Hughes Telematics control unit as standard equipment on all vehicles ...

As suspected, Hughes Telematics announced today that it would be supplying Mercedes-Benz with a new hardware and software platform that will bring in-car navigation, safety and infotainment to the ...

For Hughes, the Mercedes deal is a milestone. The Atlanta company has promoted its telematics technology for several years, but Mercedes is the first automaker to launch it. Hughes suffered a ...

The New York company said that it is buying Hughes Telematics Inc., which provides ... more than double the Atlanta company's closing price Thursday in the thinly traded over-the-counter market.