GM Cruise, General Motor’s Co.’s self-driving vehicle subsidiary. Photo: David Paul Morris/Bloomberg
GM Cruise, GM's self-driving vehicle subsidiary, quietly bought the German company Astyx earlier this year for an undisclosed sum.
July 13, 2020 at 04:52 PM
1 minute read
DLA Piper, Gütt Olk Feldhaus, Görg, Blomstein and Kind & Drews advised on a deal in which GM Cruise, General Motors’ self-driving vehicle subsidiary, acquired a German producer of radar sensors for cars.
The management of the radar technology company Astyx, as well as ZF Friedrichshafen, a German car parts makers, quietly sold their stakes in Astyx to GM Cruise for an undisclosed sum earlier this year. The news was first reported by the technology website The Information.
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