Ford: acquires two start-ups

(CercleFinance.com) - As part of its development in mobility services, carmaker Ford has announced the acquisition of two start-ups that develop transport software: Autonomic and TransLoc.


Autonomic is a global cloud platform for urban transport management, whose CEO Sunny Madra, will take charge of the new Ford X team. TransLoc is a technology company that designs urban transport management software.

Ford will hence reorganize its Ford Mobility division to implement offers on five pillars: Transportation operating system, Connectivity, Ridesharing, Non-emergency medical transportation and Vehicle Management as a Service.


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