Delphi acquires self-driving startup nuTonomy for $450M


On Tuesday, the company further bolstered its position by announcing a $450 million deal to acquire nuTonomy, a self-driving vehicle startup that already has robotaxis testing on the road today.

Delphi's chief technical officer, Glenn De Vos, said on a conference call with reporters Tuesday morning, that it envisions deploying autonomous technology in a commercial space, before eventually ending up in the consumer market.

As part of the deal, NuTonomy will combine more than 100 employees, including 70 engineers and scientists, to Delphi's more than 100-member automated driving team.

Delphi said it will integrate NuTonomy's expertise in fleet-based automated driving platforms, which are expected to debut before the technology becomes more broadly available for retail vehicle buyers.

Delphi's acquisition of NuTonomy is another example of the game of self-driving auto musical chairs that saw Intel acquire Mobileye past year, and various players shuffle themselves into an increasingly-complex array of alliances and partnerships.

Upon completion of the transaction, Delphi will have AD operations in Boston, Pittsburgh, Singapore, Santa Monica, and Silicon Valley. nuTonomy will continue to be based in Boston, where both companies now operate AMoD pilot programs.

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nuTonomy has been testing its driverless cars in Singapore and Boston (where Delphi has also been testing autonomous vehicle technology). Current Delphi shareholders will hold stock in both companies.

In recent years, auto supplier Delphi has been working at a breakneck speed to position itself for the automotive industry of the future-embracing the high-tech gadgetry that's expected to become commonplace in the coming years.

NuTonomy was founded to develop software for autonomous passenger vehicles.

NuTonomy had equally big ambitions.

Upon completion of the transaction, Delphi will have 60 autonomous-driving cars testing on roads in three continents, the company said. The transaction brings together the leading start-up and Tier 1 in autonomous driving (AD) and further accelerates Delphi's commercialization of AD and Automated Mobility on-Demand (AMoD) solutions for automakers and new mobility customers worldwide.