Skip to main content

Delphi reaches agreement on nuTonomy acquisition

Delphi has signed an agreement to acquire nuTonomy (NT) for an upfront purchase valued $400 million (£303 million) and earn-outs totalling approximately $50 million (£37 million). It will accelerate Delphi's commercialization of autonomous driving (AD) and Automated Mobility on-Demand (AMoD) solutions for automakers and new mobility customers worldwide. The transaction is subject to customary closing conditions and is expected to close before the end of the year.
October 30, 2017 Read time: 2 mins

7207 Delphi has signed an agreement to acquire nuTonomy (NT) for an upfront purchase valued $400 million (£303 million) and earn-outs totalling approximately $50 million (£37 million). It will accelerate Delphi's commercialization of autonomous driving (AD) and Automated Mobility on-Demand (AMoD) solutions for automakers and new mobility customers worldwide. The transaction is subject to customary closing conditions and is expected to close before the end of the year.

Dr. Karl Iagnemma, Dr. Emilio Frazzoli and NT are developing a proprietary full-stack AD software solution for the global AMoD market. The company will add over 100 employees, including 70 engineers and scientists, to Delphi’s 100+ member AD team.

Once the transaction has been completed, Delphi will have AD operations in Boston, Pittsburgh, Singapore, Santa Monica, and Silicon Valley.  NT will remain in Boston, where both companies currently operate AMoD pilot programs. Through combining efforts with NT in Boston, Singapore, and other pilot cities around the world, Delphi will have 60 autonomous cars on the road across three continents by the end of the year.

Related Content

  • September 15, 2017
    Delphi Partners with LeddarTech to provide LiDAR for autonomous vehicles
    UK technology company Delphi Automotive is to partner with LeddarTech, a Canadian company developing solid-state LiDAR technology to collaborate on the development of a low-cost, corner LiDAR solution. They say the core technology can be developed rapidly and allows for easy vehicle integration.
  • April 22, 2022
    Earth Day: animal traffic management
    Caltrans has been involved in animal crossing bridge over freeway in Santa Monica Mountains
  • January 11, 2018
    Optis and LeddarTech partner on virtual testing of Lidar Systems
    Optis has teamed up with LeddarTech to enable the industrial simulation of advanced Lidar solutions and enhance the design process of smart and autonomous vehicles. It will allow transportation companies to virtually test and integrate their next generation of Lidar developed around the LeddarCore integrated circuit (IC) before its actual release. The Optis simulation solutions are leveraged to virtually recreate cameras and Lidar operations on autonomous cars and simulate their use in real life scenarios
  • April 17, 2012
    ITS industry in the US has grown to $48 billion and will expand
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.