Transport Topics (May 29, 2023) - Transport Topics

What this episode covers

Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25. The deal puts the equity value at about $71 million. Applied Intuition will provide an all-cash transaction as part of a definitive merger agreement signed by the companies. Applied Intuition aims to integrate internal tools, data and software assets gained in the deal to further improve its offerings for customers in the trucking and automotive industries. Embark is an autonomous trucking software company that was founded in 2016. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Frequently Asked Questions

How long is this episode of Transport Topics?

This episode is 3 minutes long.

When was this Transport Topics episode published?

This episode was published on May 29, 2023.

What is this episode about?

Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25. The deal puts the equity value at about $71 million. Applied Intuition will provide an all-cash transaction as...

Can I download this Transport Topics episode?

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