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GM to buy autonomous-driving startup Cruise

General Motors is acquiring a California technology company that sells an aftermarket autonomous-driving kit, the latest in a string of investments by GM in startups involved in alternative modes of mobility.

GM said in a statement today that it’s acquiring San Francisco-based Cruise Automation for its “deep software talent and rapid development capability to further accelerate” GM’s development of autonomous vehicles. GM didn’t disclose terms of the deal, which is expected to close in the second quarter.

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