Will Sirius XM Holdings Inc (NASDAQ:SIRI) Acquire General Motors Company (NYSE:GM)’s Onstar Platform?

Posted by admin December 2, 2013 0 Comment 5414 views

Last week, Sirius XM Holdings Inc (NASDAQ:SIRI), the front-running audio entertainment company, introduced its SiriusXM Onyx Plus radio. The Onyx Plus offers the service subscribers a highly- advanced listening experience to date. It has cutting-edge features that add to the exiting content that is being aired over 120 different channels.

The Onyx Plus radio is a potent mix of various enhanced features that are made available to SiriusXM Internet Radio and SiriusXM app subscribers and gives them added control on more than 120 sports, news entertainment, music and news channels. It is now available at specific retailers and has full-color display that features enhanced graphics and logos.

Additional control

Sirius XM Holdings Inc (NASDAQ:SIRI) Canada’s SVP, Sales & Marketing,  Paul Cunningham said that the company is excited to offer its subscribers additional control over the manner in which they enjoy the vast programming catalogue that is already offered. Subscribers have access to 100% commercial-free music of every genre, and best in news, premier sports, talk, comedy and many more channels. He said that the listeners today want to be involved and a part of the listening experience.

Now, subscribers are offered added functionality and can mix and match their personal preferences with the existing expertly-curated entertainment that Sirius XM Holdings Inc (NASDAQ:SIRI) offers. Listeners can also now set song, artists and sports alerts and they will never miss their favorite shows again. They can also browse everything that is being played on other channels even as they are listening to current ones.

Possible acquisitions

Sirius XM Holdings Inc (NASDAQ:SIRI) is definitely on an innovation and development streak. Very recently, the company acquired the Agero connected-vehicle business which added a definite boost to the company’s tele-matics offerings. Some analysts feel that this is just the beginning and that the company will eventually set its sights higher when it comes to future acquisitions.

There was some talk about the possibility of Sirius XM Holdings Inc (NASDAQ:SIRI) acquiring OnStar which is General Motors Company (NYSE:GM)’s platform. Other analysts feel that it is completely out of its league at the moment and that the there seems to be no logic as to why the latter would want to even sell this very lucrative telematic business.

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