Announced
Financials
Tags
Auto Technology
Private
United States
autonomous vehicles
Pending
self-driving vehicle
Acquisition
Natural
self-driving vehicle research
Majority
mobile robotic
Single Bidder
Synopsis
Ford Motor Company, car manufacturer company acquires Quantum Signal, a company focused on mobile robotics, modeling, and simulation. Financial terms were not disclosed. Ford will use Quantum Signal's simulation and algorithm development know-how for its autonomous vehicle ambitions. The wide range of the group’s work portfolio means it will be able to support Ford in numerous areas as the company develops self-driving vehicles and transportation as a service business, including software development and hardware prototyping.
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