Ford builds its autonomous holdings with two new acquisitions. Ford said that Journey Holding will be acquired by its future-mobility subsidiary, Ford Smart Mobility LLC. Terms of the acquisitions were not disclosed.
Ford Smart Mobility Acquisitions Add Acquisition.
Ford has acquired two companies as it looks to bolster its autonomous driving development programmes. Date Acquired Amount; Sep 09, 2016: Chariot Transit.
Ford Smart Mobility Other Acquisitions Add Acquisition. 1 August 2019. ... adding to its growing portfolio of “mobility” acquisitions. Ford Smart Mobility LLC (FSM) has acquired Journey Holding, supporting its commitment to deliver integrated solutions that support cities and their transportation systems. In 2016 Ford Smart Mobility was created to develop car-sharing ventures and self-driving vehicles, among other initiatives. The mobility unit’s Ford Smart Mobility LLC subsidiary is acquiring transportation architecture and technology provider Autonomic while Ford is also acquiring TransLoc, which provides technology for cities running transit solutions. However, in 2018 Ford announced that it was phasing out all of its passenger cars, except the Mustang and Ford Focus Active. Mergers and Acquisitions Om Prakash Sharma Ford Smart Mobility (FSM), a Ford’s subsidiary focusing on new mobility solutions, has acquired Journey Holding Corporation, a company that specialises in vehicle tracking software and app-based technology for public transportation, the US automaker said in a press release on 30 July. The following year the automaker announced that it was increasing its line of electric cars. Date Acquired Amount; There are no acquisitions. Since the company spun out a new division called Ford Smart Mobility in 2016 Spin is Ford’s latest “mobility” acquisition.
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