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26th September 2019

Tech giants join the race to own vehicle of the future says Hampleton Partners’ report

The first half of 2019 has seen automotive technology deal-making news led by major tech giants challenging traditional OEMs for ‘ownership’ of the vehicles of the future, says Hampleton Partners’ latest report on Automotive Technology M&A.

Hampleton Partners, the international technology mergers and acquisitions and corporate finance advisors, noted that deal volumes were stable at just under 50 transactions. In addition, investments by Uber, Amazon and Tesla – plus on-going rumours of Apple’s development of an autonomous vehicle software system – garnered the headlines. Not only did they invest in core automotive technology; they also targeted the supporting industries which will allow autonomous and electric vehicle technology to go mainstream.

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