UPDATE 2-Vodafone targets "connected cars" with Italian deal

Newswire

* Agrees to buy Italy's Cobra Automotive Technologies * Offers 1.49 euros a share, or 145 million euros * Tech firms race to connect more products to internet * Cars at forefront of machine-to-machine communications (Adds analyst, detail, background, shares) By Kate Holton LONDON, June 16 (Reuters) - Vodafone is buying an Italian car electronics maker for 145 million euros ($197 million), seeking to get ahead in the ...

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