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Category: delphiautomotive

Robotics | IoT

Delphi to buy self-driving vehicle startup nuTonomy for $450M

Auto parts maker Delphi Automotive (NYSE: DLPH) said it agreed to buy self-driving car startup nuTonomy for $450 million. The British auto parts supplier plans to buy the Cambridge, Mass.-based startup for $400 million followed by earnouts slated to total another $50 million, according to an Oct. 24 news release. nuTonomy, which was founded in 2013,…

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