M&A Deal Summary

Cruise Automation Acquires Voyage

On March 15, 2021, Cruise Automation acquired technology hardware company Voyage

Acquisition Highlights
  • This is Cruise Automation’s 1st transaction in the Technology Hardware sector.
  • This is Cruise Automation’s 1st transaction in the United States.
  • This is Cruise Automation’s 1st transaction in California.

M&A Deal Summary

Date 2021-03-15
Target Voyage
Sector Technology Hardware
Buyer(s) Cruise Automation
Deal Type Add-on Acquisition

Target

Voyage

Palo Alto, California, United States
Voyage is a developer of self-driving cars. Voyage has built the technology and services to bring Robo taxi service. Voyage is laser-focused on delivering a product that benefits the lives of real people. Voyage was founded in 2017 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Cruise Automation

San Francisco, California, United States

Category Company
Founded 2013
Sector Technology Hardware
DESCRIPTION

Cruise Automation is a developer of autonomous vehicle technology and solutions. Founded in 2013, Cruise has moved to develop and test autonomous vehicle technology in San Francisco’s challenging city environment.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1