Published March 30, 2017 8:20am EDT | Updated March 30, 2017 3:06pm EDT

Audi To Buy Remaining Shares Of Texas-based Silvercar

Audi of America Inc. said Thursday it is planning to fully acquire Texas-based Silvercar Inc., a shared mobility company, to expand its digital mobility services. Audi previously took part if a $28 million Series C investment in Silvercar, which employs about 150 people. The company expects to complete the deal in the first half.