Auto IndustryDec 7, 2020
Newwindman

Aurora acquired Uber ATG

It's so funny to think.. ATG acquired Otto long back. Actually Otto's business model is much better than ATG. With lot of negative rumors about ATG capability, eventually it ended up with Aurora and probably would work on trucking again. How is the ATG employees mood ? Unvested RSU converted to Aurora Options ? Any layoffs again Aurora employees, how do you feel about this acquisition. Is it really helpful or just a pain to bear to get access to Uber's network ? https://aurora.tech/blog/aurora-is-acquiring-ubers-self-driving-unit-advanced

Aurora OkjQ51 Dec 7, 2020

Really excited about it 😁 there are a lot of good folks at ATG, and I promise they’ll love the leadership and vision at Aurora. Chris and the exec team have always taken care of employees, and this case will be no different. Welcome to the rocket ship, you guys!

Uber cEYm35 Dec 7, 2020

Having worked with Drew in his Uber days, I am excited to work with the new leadership (assuming that I get to keep my role post merger)

Aptiv lifeisfunn Dec 7, 2020

I hope that the post acqui-layoffs that come along dont shoo away the better half of the people at ATG.

Uber maybe2 Dec 7, 2020

Most ATG folks are getting transferred to Aurora, Uber stock continues to vest for a year. Otherwise you get a nice severance package, or get moved to a different org in Uber.

Uber ^-^ Dec 7, 2020

Typical win-win. Love the deal! 1+1 > 2

Salesforce t1l8wNaZ Dec 8, 2020

does it worry anyone at uber that the company is shedding businesses outside of rideshare? the diverse business lines used to be part of the appeal?

Uber ^-^ Dec 8, 2020

Rides + Eats + Freight is big enough for Uber to focus on. Plus Uber Ads in the future. When money is no longer an issue, reinstall Aurora/atg is not impossible

Aurora OkjQ51 Dec 8, 2020

Well Uber won’t be able to “reinstall” us as an acquisition. It’s at the core of Aurora’s mission to remain independent. Uber can certainly be a customer/partner though 😄