Delphi acquires self-driving vehicle software developer nuTonomy
Acquisition expected to significantly expand Delphi’s capabilities in autonomous driving and accelerate its efforts to commercialize its self-driving technology
Delphi has reached an agreement to acquire nuTonomy, a US-based start-up developing software for automated driving, for USD450 million, the automaker announced in a press release on 24 October. The total purchase cost includes upfront payment of USD400 million in cash and an additional USD50 million in performance-based pay-outs.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
