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Finnish start-up joins forces with Goodyear in strategic acquisition to improve tire intelligence

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RoadCloud Oy, an Espoo-based startup known for its real-time road weather and traffic information services, has been acquired by The Goodyear Tire & Rubber Company. This acquisition represents a significant milestone for RoadCloud and expands Goodyear’s ability to connect vehicles to the road through tire intelligence.

RoadCloud technology focuses on providing accurate and timely data on road and weather conditions, contributing to safer and more efficient transportation systems. Integration with Goodyear’s connected tire solutions will help deliver critical information about tire health, weather and road conditions directly to vehicles.

The RoadCloud team will join Goodyear, bringing its expertise in real-time data analysis to further improve vehicle safety and performance. This acquisition highlights the potential of combining tire intelligence with real-time road condition data, offering end-to-end solutions for the transportation industry.

RoadCloud’s participation in Arctic15, our event dedicated to supporting innovation in the startup ecosystem, played a key role in its development and eventual acquisition. Six years ago at Arctic15, RoadCloud first attracted significant attention, leading to a strategic exit.

With Arctic15 events approaching next week, Goodyear’s acquisition of RoadCloud provides a noteworthy example of how such events can facilitate influential connections and open opportunities in the startup community.

Click here to read more M&A news.

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