$400 million for an acquisition that brings together industry-leading autonomous driving solutions providers

Delphi Automotive PLC (NYSE: DLPH) announced that it has signed an agreement to acquire nuTonomy, Inc. for an upfront purchase price of $400 million and earn-outs totaling approximately $50 million. 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 Read more about $400 million for an acquisition that brings together industry-leading autonomous driving solutions providers[…]