Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle start-up Voyage, which operates a service in retirement communities. “I’m pleased to welcome Oliver Cameron and Voyage to the Cruise team,” Cruise President Kyle Vogt announced Monday on Twitter, confirming a Bloomberg News report from early this month. Cameron, Voyage’s chief executive, is joining Cruise as vice president of product. For Voyage, joining Cruise is a way for Cameron to continue his work with the aid of the acquirer’s 1,800 employees and its deeper pockets. While Voyage has raised $52 million, Cruise has raised more than $8 billion and gets about $1 billion a year from GM.

Source: Los Angeles Times March 15, 2021 21:07 UTC