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Cruise Automation

Cruise Automation

Cruise Automation makes sensors that turn regular vehicles into ones that can drive themselves.

[0]

Acquisition

In March 2016, General Motors Company acquired Cruise for an undisclosed sum.

[1]The amount was reportedly $1 billion.

[2]

In April 2016, ousted cofounder Jeremy Guillory filed a counter complaint claiming he owns 50% of Cruise based on the company's Y Combinator application.

[3]

References

[1]
Citation Linkgetcruise.comCruise Automation's primary page.
Apr 15, 2016, 3:26 AM
[2]
Citation Linktechcrunch.comGeneral Motors Companyacquired Cruise for $1 billion in 2013.
Apr 15, 2016, 3:27 AM
[3]
Citation Linkbusinessinsider.comGeneral Motors Companyreportedly paid $1 billion for Cruise.
Apr 15, 2016, 3:29 AM
[4]
Citation Linktechcrunch.comJeremy Guillorysays he owns half of the company.
Apr 15, 2016, 3:37 AM