Announced
Financials
Sources
Tags
Friendly
Acquisition
Private
autonomous driving technologies
Auto Technology
Single Bidder
Pending
Cross Border
United States
Majority
Synopsis
Xiaomi, an electronics company, agreed to acquire Deepmotion, a driving technology startup, for $77m. “We are determined to develop our smart EV business. We are now at the stage of building the business team, and current progress is faster than expected,” Lin Shiwei, Xiaomi Vice President and CFO.
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