Car Makers' Appetite for Tech Startups Keeps Growing
General Motors Co.'s proposed purchase of tiny Cruise Automation Inc. for more than 1 billion would be one of the auto industry's biggest Silicon Valley acquisitions to date. And it would certainly not be the last. Auto makers and car-parts suppliers have hooked into tech startups in recent years to boost their in-vehicle connectivity and to accelerate autonomous-car development. The Bay Area already is dotted with auto-industry...
Mar-24-2016, 16:25:16 GMT
- Country:
- North America > United States > California (0.38)
- Industry:
- Automobiles & Trucks > Manufacturer (1.00)
- Technology: