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

  • April 16, 2018
    Turning information into stories
    IBTTA says its TollMiner tool can transform transportation planning. Here, the tolling organisation explains how it works – and what part it might play in Donald Trump’s infrastructure plan. Imagine being able to turn the black-and-white numbers in a spreadsheet into graphics and visualisations that tell a compelling story about essential transportation infrastructure. Having easy access to the solid, reliable data you need to plan surface transportation projects and assign project resources based on
    Read More
  • January 9, 2019
    Delphi partners with TomTom on Intelligent Driving controls
    Delphi Technologies is collaborating with TomTom on electronic and software applications designed to further optimise vehicle fuel efficiency and emissions through the use of real-time mapping data. Delphi says its Intelligent Driving controls will use the information to predict changing driving conditions such as traffic congestion to help shorten commute times. Mary Gustanski, the company’s chief technology officer, says the partnership will seek to integrate more information about a driver's route
    Read More
  • October 7, 2021
    Revealed: future of mobility in Hamburg
    From 11-15 October, the ITS World Congress will present a myriad of innovations
    Read More
  • May 2, 2018
    V2X: The design challenges
    The connected future throws up a number of enticing possibilities for us all. But, says Houman Zarrinkoub of MathWorks, issues around visualisation, prototyping and model evolution need to be examined carefully. We are all aware of the huge amount of investment going into driverless car technologies. With the likes of Volvo, Tesla and BMW getting in on the act, soon they will be a common sight on our roads. However, for this to occur, the vehicles must be able to connect with each other and ensure driver
    Read More

Highlighted Content