Autonomous-truck developer Embark Technology is being acquired by Applied Intuition, a tooling and software provider for autonomous vehicle development. Under the merger agreement announced May 24, ...
Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and autonomous trucking software company Embark Technology have entered into a definitive merger agreement.
SAN FRANCISCO, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Embark Technology (EMBK), Inc. (Nasdaq: EMBK, “Embark” or the “Company”), a leading developer of autonomous technology for the trucking industry, today ...
The announcement puts the equity value at approximately $71 million. Applied Intuition will provide an all-cash transaction as part of a definitive merger agreement signed between the two companies.
Autonomous vehicle software development company Applied Intuition Inc. today said it has agreed to acquire self-driving truck software company Embark Technology Inc. in an all-cash transaction for $71 ...
MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ -- Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an ...
For the first time, a carrier – Knight-Swift – will place its own drivers behind the wheel of an Embark-powered truck, allowing Knight-Swift to collect data regarding system safety and operational ...
Embark announces completion of merger with Northern Genesis Acquisition Corp. II after stockholders overwhelmingly approve business combination Embark’s common stock to begin trading on Nasdaq under ...