Announced

Completed

General Motors completed the acquisition of GM Cruise.

Synopsis

General Motors, a company specializing in automotive manufacturing and transportation innovation, completed the acquisition of GM Cruise, a company focused on autonomous vehicle technology and AI-based driving platforms. Financial terms were not disclosed. “By combining the specialized technology and talent at Cruise with our team developing Super Cruise, we’ll have the ability to accelerate our work on both assisted-driving and autonomous driving. We look forward to teaming with Cruise to accelerate our work together,” Dave Richardson, General Motors Senior Vice President of Software and Services Engineering.

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