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GM-backed Cruise to buy self-driving start-up Voyage

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Cruise Chief Technology Officer Kyle Vogt (left) with Voyage CEO Oliver Cameron, who will join Cruise as part of an acquisition of the company.

Voyage

General Motors’ majority-owned autonomous vehicle subsidiary Cruise has agreed to acquire Voyage, a self-driving car start-up that operated in retirement communities.

The companies, which didn’t disclose the terms of the deal, announced it Monday in a blog post by Voyage CEO Oliver Cameron, who will join Cruise as vice president of product. Cruise spokesman Ray Wert declined to comment on the cost of the deal.

It’s unclear how long Cruise will continue operating in the retirement communities. Wert said the “communities in which they operate…



Source cnbc.com

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