23 juin 2017

GM Buying Self-Driving Tech Startup for More Than $1 Billion

GM Buying Self-Driving Tech Startup for More Than $1 Billion General Motors (GM, -0.15%) this morning announced that it will acquire Cruise Automation, a San Francisco-based developer of autonomous vehicle technology. No financial terms were disclosed, but Fortune has learned from a source close to the situation that the deal is valued at "north of $1 billion," in a combination of cash and stock. Talks between the two companies originally related to a strategic investment by GM in Cruise, which was planning to... [Lire la suite]