Amazon has signed an agreement to acquire self-driving car startup Zoox, reportedly for $1.2B+ (Ari Levy/CNBC)
Ari Levy / CNBC:
Amazon has signed an agreement to acquire self-driving car startup Zoox, reportedly for $1.2B+ — - Zoox was valued at over $3 billion in 2018, but has struggled with management turnover in its efforts to develop a self-driving car. — The company hired Qatalyst Partners to help it find a buyer.
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