Cruise, the autonomous driving unit of General Motors, has acquired Voyage, a developer of technology for self-driving cars.
Terms of the deal have not been disclosed.
A blog post from Oliver Cameron, co-founder and CEO of Voyage, says the acquisition will give it the resources to offer its technology beyond the current senior citizen demographic it currently services.
He also says he believes Cruise “with its advanced self-driving technology, unique auto-maker partnerships, and all-electric purpose-built vehicle with no human controls is poised to be the clear leader” in the self-driving industry.
Voyage brings Commando, its self-driving artificial intelligence, Shield, its collision mitigation system, and Telessist, its remote assistance solution, with the deal.
Cruise was acquired by General Motors in 2016, in an agreement that was reported to be worth more than $1 billion.
Last month Microsoft invested in Cruise as part of a $2 billion funding round.
The company also announced funding of $1.15 billion in May 2019 from a group of backers including General Motors, Honda and SoftBank Vision Fund.
Other autonomous driving companies have also attracted large rounds recently with Momenta announcing a $500 million round earlier this week.