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Otto sold for 680 million to Uber in August 2016, the company started in 2015, that's atleast one company that was willing to sell and I figure most of them wou
by flylib 10y ago
Otto sold for 680 million to Uber in August 2016, the company started in 2015, that's atleast one company that was willing to sell and I figure most of them would, they all have no end game other then being acquired for the most part
http://www.recode.net/2016/8/18/12540068/uber-paid-680-million-for-self-driving-truck-company-otto-for-the-tech-not-the-trucks http://www.recode.net/2016/8/18/12540068/uber-paid-680-milli...
time will tell if the Cruise acquisition pays off or not
- jayjay71 10y agoOtto was designed to be sold to Uber before it was created, there's a reason it was self-funded despite having nearly 100 employees by the time it was acquired. Anthony Levandowski met Travis Kalanick years ago and had been planning something like this for a while. It's basically an open secret.
- flylib 10y agowe will see a few more acquisitions play out in this space over the next year or so but I do believe Google will have a hard time acquiring the companies in the space as tons of people are jumping ship and some are even starting their own self driving startups with prolly no intention of going back to google like Otto