Delphi buys Nutonomy for $400 million to scale and deliver autonomous vehicles

By Matt Burns

Delphi today announced it is purchasing the self-driving car company Nutonomy for $450 million. Founded in 2013 by Dr. Karl Iagnemma and Dr. Emilio Frazzoli, Nutonomy is Boston-based company that develops autonomous vehicle technology. The core thought behind this purchase is to accelerate the pace of developing autonomous vehicles with Delphi. Delphi CTO Glenn De Vos noted on a conference… Read More

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Source:: TechCrunch Gadgets