M&A Deal Summary

Nuro Acquires Ike

On December 23, 2020, Nuro acquired software company Ike

Acquisition Highlights
  • This is Nuro’s 1st transaction in the Software sector.
  • This is Nuro’s 1st transaction in the United States.
  • This is Nuro’s 1st transaction in California.

M&A Deal Summary

Date 2020-12-23
Target Ike
Sector Software
Buyer(s) Nuro
Deal Type Add-on Acquisition

Target

Ike

San Francisco, California, United States
Ike is a self-driving truck startup company. Ike is building technology to automate the safe and reliable highway transportation of freight.

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Buyer(S) 1

Buyer

Nuro

Mountain View, California, United States

Category Company
Founded 2016
Sector Automotive
DESCRIPTION

Nuro is an operator of an autonomous delivery company committed to using the power of technology for the greater good. Nuro founded the company with the goal of harnessing the power of robotics and artificial intelligence to solve challenges on a global scale. Nuro was founded in 2016 and is based in Mountain View, California.


DEAL STATS #
Overall 1 of 1
Sector: Software 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: 2020 M&A 1 of 1