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New Deal


Announced

Stellantis to acquire aiMotive.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Auto Technology

Single Bidder

Private

autonomous driving

Hungary

Pending

Friendly

artificial intelligence

Acquisition

software development

Synopsis

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Stellantis, a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50–50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles and the French PSA Group, agreed to acquire aiMotive, a developer of advanced artificial intelligence and autonomous driving software. Financial terms were not disclosed. "Acquiring aiMotive’s world-class artificial intelligence and autonomous driving technology is an important contribution to becoming a sustainable mobility tech company. aiMotive’s class-leading expertise and startup spirit will accelerate our journey to deliver our Dare Forward 2030 goals," Yves Bonnefont, Stellantis Chief Software Officer.

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