Japanese self-drive cars map developer to buy rival U.S. startup: Nikkei - Dealers Care

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Wednesday, 13 February 2019

Japanese self-drive cars map developer to buy rival U.S. startup: Nikkei

(Reuters) - Japanese map platform developer Dynamic Map Platform plans to acquire Detroit-based Ushr for nearly 20 billion yen ($181.1 million) in a bid to cement a stronger position in the burgeoning self driving cars market, the Nikkei newspaper said. Dynamic Map Platform would acquire U.S. map startup Ushr as it seeks a stronger position to challenge Alphabet Inc's Google and Chinese rivals, the Japanese daily said on Wednesday.

from Latest News Business on Firstpost http://bit.ly/2E7lJBv

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