Magna Buy AV Startup Optimus Ride

Magna have acquired the technology, IP, and assets of Optimus Ride, a Boston-based startup who were trying to commercialise electric autonomous shuttles. As part of the deal, Magna have hired more than 120 Optimus Ride employees; beyond that, terms of the agreement were not disclosed. Optimus Ride CEO Sean Harrington will not make the jump…
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