China Tech Digest: Xiaomi Acquires Autonomous Driving Company DeepMotion; GL Ventures Leads Series A Round In Microsoft Xiaoice
Total0 Xiaomi acquires Chinese autonomous driving solution provider DeepMotion Xiaomi Inc. has recently acquired Chinese autonomous driving technology company DeepMotion and as many as more than 20 people in the startup would join in the Chinese leading smart phone maker. This will help Xiaomi initially complete management vacancies of various autonomous driving technology modules and may lay foundation for Xiaomi’s autonomous driving technology research and development. Xiaomi’s public relations team stated that it is not clear about the acquisition, and DeepMotion didn’t respond the r...
Source: chinamoneynetwork.com