BMW to integrate Wavecom SA and PEIKER Acustic technology in future passenger lines
Wavecom SA (Paris:AVM) (Nasdaq:WVCM) and PEIKER Acustic announced ahead of the bell today that the BMW Group will integrate a PEIKER Acustic GmbH & Co. KG telephone kit with Wavecom wireless technology for hands-free telephone capability in future lines of passenger cars.
The companies said that the combined PEIKER Acustic and Wavecom technology will allow drivers and passengers to make high quality, private or hands-free calls from the car, or by using a Bluetooth option.
Shares of Wavecom tumbled 11.78%, or $4.31, to $32.28 in Wednesday morning trading.
