Saturday, April 20

Tag: ATG

Aurora acquires Uber’s self-driving Unit, Raises $400 Million from Uber
ACQUISITION

Aurora acquires Uber’s self-driving Unit, Raises $400 Million from Uber

Aurora acquires Uber’s self-driving unit, Advanced Technologies Group (ATG) to accelerate and deliver it first product safely & quickly. Founded in 2017, Aurora is working on self-driving technology. The company is building the Aurora Driver, a platform that brings together software, hardware and data services to operate passenger vehicles, light commercial vehicles, and heavy-duty trucks across a range of applications. In addition to acquiring ATG, the company announced a strategic partnership with Uber that connects aurora technology to Uber's ride-hailing platform and an investment of $400 million in Aurora from Uber. After this deal Uber CEO Dara Khosrowshahi will join Aurora Board. “Few technologies hold as much promise to improve people’s lives with safe, accessible...
IT Firm Cognizant Buys Out Advanced Technology Group 
ACQUISITION

IT Firm Cognizant Buys Out Advanced Technology Group 

The multinational IT company Cognizant has announced the acquisition of Advanced Technology Group for an undisclosed amount. The basic idea behind this acquisition is to expand its consulting capabilities on the Salesforce platform. The acquired company ATG was founded in 2000 and has delivery centres in Kansas, Missouri, Ohio and Montana. The company counts IBM, Subaru and CenturyLink as its clients. Following this acquisition, the company will become part of Cognizant’s Enterprise Application Services practice. Cognizant has broad expertise in helping clients around the world design, implement and manage their digital business strategies on the Salesforce platform. “ATG’s deep Q2C domain expertise and extensive Salesforce CPQ and Billing implementation offerings strengthen Cogniza...