US-listed auto parts supplier Delphi Automotive is buying British cable equipment maker HellermannTyton Group for about £1.1bil (RM6.56bil) as it seeks to capitalise on the growing connected-car market.
Delphi said it expects HellermannTyton, which makes products for fastening, fixing, and protecting cables, to help it take advantage of increasing demand for vehicles that connect to the Web and smart devices such as phones and tablets.
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