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Any candidate acquisitions for Waymo to buy the manufacturing capacity that it needs? I don't know the car industry well, but looking at the market cap of compa
by theptip 9y ago
Any candidate acquisitions for Waymo to buy the manufacturing capacity that it needs? I don't know the car industry well, but looking at the market cap of companies[1] it looks like you're talking at least $40-50B for an established manufacturer (Nissan, Tesla are in that range). That is affordable for Alphabet (~$80B cash on hand), but I'd be surprised if they went all-in like that.
[1]: http://markets.on.nytimes.com/research/markets/usmarkets/industry.asp?industry=53111 http://markets.on.nytimes.com/research/markets/usmarkets/ind...
- freehunter 9y agoI've been wondering for a while where Waymo is getting all of its money since I've never heard them mentioned except when they're suing Uber or an article saying "Waymo's tech is awesome!", and I didn't realize until right this moment that it's a Google spin-off. That makes a lot more sense.
- csours 9y agoFCA (Fiat, Chrysler, Dodge, Jeep, Maserati, Alfa Romeo) wants to sell itself or part of itself, but I can't imagine that Google would want to buy them. Their share price/market cap has been going crazy lately, for no apparent reason, perhaps indicating a buyer. https://ycharts.com/companies/FCAU/market_cap https://ycharts.com/companies/FCAU/market_cap
- wcunning 9y agoWaymo is already partnered with Fiat-Chysler -- the current test platform is the Chrysler Pacifica. Waymo also opened an office in Livonia, MI to be near the University of Michigan MCity testing grounds and the Auburn Hills, MI headquarters of their partner manufacturer.
- theptip 9y agoThat's a good fit then, thanks. With the tax bill's forced repatriation, I imagine Google will be looking for something to spend tens of billions on, so that could actually be a possibility.