GV has exited autonomous driving software developer Blue Vision in an acquisition by Lyft that was reportedly sized at $72m.
Blue Vision Labs, a UK-based augmented reality technology developer backed by technology conglomerate Alphabet, has been acquired by ride-sharing app producer Lyft.
Financial terms of the deal were not confirmed but TechCrunch reported the figure as approximately $72m, with up to $30m to be potentially added dependent on certain milestones.
Founded in 2011, Blue Vision has created technology which combines highly precise 3D street-level mapping with interactive augmented reality maps that enable multiple drivers to track each other in real…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
