Amazon Seeking to Buy Self-Driving-Car Company Zoox

Amazon has engaged in talks to buy self-driving-car company, Zoox, Inc.

 
 

While an agreement may be weeks away, sources say the deal would value Zoox at less than the $3.2 billion it achieved in a 2018 funding round.  The move would expand Amazon’s reach into self-driving-vehicle technology and breath new life into the former high-profile startup.

 
 

In a statement, Zoox said that it “has been receiving interest in a strategic transaction from multiple parties and has been working with Qatalyst Partners to evaluate such interest.

 
 

Amazon invested Aurora Innovation in 2019 as well as electric-car maker, Rivivian Automotive LLC.

 
 


 
 
 

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