Applied Intuition to acquire Embark Technology for $71m.

Applied Intuition, a tooling and software provider, agreed to acquire Embark Technology, a vehicle software provider, for $71m. "We are excited to acquire Embark. This acquisition should enable us to advance our products and solve more specific, complex challenges for our customers. We respect the work Embark has accomplished in the autonomous vehicle industry and look forward to leveraging their expertise to better serve our global customer base," Qasar Younis, Applied Intuition Co-Founder and CEO.