Optimus Ride: Optimus Ride acquired by Magna; CEO stepping down
The majority of Optimus Ride's engineering team is joining Magna International Inc. as part of a deal "that has Magna purchasing Optimus Ride's assets, including the company's underlying technology and IP," the CEO said.
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Optimus Ride is a Massachusetts-based automotive company that designs and manufactures self-driving electric vehicles for residential and commercial sectors.
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