Announced
Financials
Sources
Tags
Pending
Private
United Kingdom
software
Acquisition
Majority
Single Bidder
Software
autonomous driving
Friendly
Synopsis
Waymo, which operates as an autonomous vehicle development company, agreed to acquire Latent Logic, a UK company that spun out of Oxford University’s computer science department. Financial terms were not disclosed. “By joining Waymo, we are taking a big leap towards realizing our ambition of safe, self-driving vehicles. In just two years, we have made significant progress in using imitation learning to simulate real human behaviors on the road. I’m excited by what we can now achieve in combining this expertise with the talent, resources, and progress Waymo has already made in self-driving technology,” Shimon Whiteson, Latent Logic co-founder and chief scientist.
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