Delphi acquires NuTonomy for $450 million to challenge self-driving tech firms - Daily To News

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Wednesday, 25 October 2017

Delphi acquires NuTonomy for $450 million to challenge self-driving tech firms


Auto parts supplier Delphi is doubling down on self-driving tech with its latest buy: the UK firm has acquired Boston-based autonomous vehicle startup NuTonomy for $450 million in a deal announced today. That’s significant not only because Delphi has tremendous global reach, but also because it’s already fairly deep in the self-driving game. Last August, it teamed up with Mobileye – which originally created Tesla’s Autopilot tech – to develop an autonomous vehicle system, after fitting out an Audi with enough smarts to navigate itself across 3,000 miles way back in 2014. Both Delphi and NuTonomy have been testing their…

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