Amazon may be preparing to make a big move into the self-driving vehicle world as the logistics giant is said to be in “advanced” talks to acquire Zoox, a stealthy developer of robotaxi technology
n may be preparing to make a big move into the self-driving vehicle world as the logistics giant is said to be in “advanced” talks to acquire Zoox, a stealthy developer of robotaxi technology, according to the. Along with Amazon, other interested parties are considering offers for the Silicon Valley startup, a person familiar with the matter tellsThe purchase terms would value Zoox below its estimated market value of $3.
, citing people familiar with the matter. There’s no final agreement yet, and the timing of when a deal could happen isn’t clear, according to’ source. Some Zoox investors are hopeful the company, which seeks to build both its own fleet of robotaxis and the technology that operates them, can remain independent, the person tellsThe Foster City, California-based company said in an e-mailed statement that “as a matter of policy, Zoox doesn’t comment on rumors or speculation.
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