General Motors announced Friday that it’s acquiring Cruise Automation for Cruise’s deep software talent and rapid development capability — a move designed to further accelerate GM’s development of autonomous vehicle technology.
Over the past two months, GM has entered into a $500 million alliance with ride-sharing company Lyft; formed Maven — its personal mobility brand for car-sharing fleets in many U.S. cities — and established a separate unit for autonomous vehicle development.
GMGM President Dan Ammann (center) with Lyft Inc. co-founders John Zimmer (right) and Logan Green (left).
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Source: COMPUTER WORLD