Aviva, Flex, SAIC Motors, General Motors and Delta Electronics are all in line to exit the automotive sensor developer through the transaction.
Harman International, a subsidiary of consumer electronics producer Samsung, agreed today to acquire Savari, a US-based developer of wireless sensors for the automotive industry, allowing several corporates to exit.
Savari is developing sensors and software for use by automotive manufacturers. It most recently raised $12m in a 2018 series B round led by Aviva Ventures, the investment arm of insurance firm Aviva.
The round included supply chain services provider Flex and SAIC Capital, a vehicle for carmaker SAIC Motors,…
