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wejo buys Silicon Valley start-up Carjojo

wejo, a Cheshire-based data company hoping to profit from the boom in ­internet-connected cars has bought a Silicon Valley start-up in a rare case of an American tech firm being poached by a British one.

wejo, which allows car manufacturers to sell data generated by their vehicles to insurers and transport authorities, is paying several million dollars for Carjojo, a website that negotiates car purchases on buyers’ behalf.

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