Apple Confirms Acquisition of Self-Driving Car Startup

Apple bought, an autonomous driving startup based mostly out of Mountain View, the corporate confirmed to Axios right now.

Apple has employed dozens of engineers, and has ceased all operations over the course of the previous few weeks.

Rumors in early June recommended Apple was within the strategy of buying to spice up its in-house growth of a self-driving car system.

The deal on the time was described as an acqui-hire, suggesting Apple was within the firm for its workers fairly than its know-how. was first based in 2015 by a gaggle of Stanford College college students, and launched a self-driving shuttle service in choose cities in Texas. The corporate bumped into difficulties, nonetheless, and sought out a purchaser, which turned out to be Apple.

There isn’t any phrase on the acquisition value, however Axios says Apple has taken on new hires within the areas of engineering and product design.

Rumors have recommended that as a part of its self-driving automobile efforts, Apple is engaged on a self-driving campus shuttle service to drive workers between the corporate’s varied Bay Space workplaces.

Apple’s acquisition confirms that work on the Apple Automotive challenge remains to be underway. Apple in February laid off 190 workers in its self-driving automobile division as a part of a restructuring effort.


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