Uber nears deal for self-driving car simulation startup Foresight

David BondUber6 years ago5 Views

Uber Technologies Inc is nearing a deal to acquire Foresight, a startup that develops simulation software, The Information reported on Monday mentioning a source knowledgeable with the matter.

The report provided no details of the deal terms but said the price mostly covered the cost of hiring the team behind the Silicon Valley-based company that makes the software utilized in autonomous driving.

Uber’s simulation software has is having a hard time due to various deficiencies and still has trouble predicting how its self-driving car prototypes will handle the situations, the report said, mentioning the source.

An Uber spokeswoman refused to comment. Foresight has not commented for now.

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