(January 22, 2020) Volkswagen Group of America, and Aeris, a technology leader in the Internet of Things (IoT), today announced the formation of Ventic LLC, a joint venture that is the result of a long-term commitment between Volkswagen and Aeris in the development and operations of connected vehicle platform technologies.
Ventic is jointly owned, with 51 percent split to Volkswagen and 49 percent to Aeris. The company will focus on Volkswagen brand vehicles in North America, starting with the launch of the next generation Car-Net in most 2020 vehicles.