Tech Company M&A Transactions
Blue Vision Labs Acquisition
Headquartered in London, Blue Vision Labs was bought by Lyft. The acquisition price was $72 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/24/2018
Transaction Type
M&A
Amount
$72,000,000
M&A Terms
Blue Vision Labs is joining forces with Lyft in their mission to revolutionise transportation, via a full technology, team, and product acquisition of Blue Vision Labs. Blue Vision Labs will be the first Lyft office in London, and will become part of Lyft's Level 5 division to build technology for Lyft's self-driving efforts.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
London, W2
UK
London, W2
UK
Phone
Undisclosed
Website
Email Address
Overview
We are a collaborative Augmented Reality (AR) company that is enabling the next-generation of AR and robotics. The co-founders met seven years ago as a group of entrepreneurial friends and have grown into a team of engineers and researchers from Oxford, Facebook, Google and Microsoft.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Ondruska
Chief Operating Officer
Hugo Grimmett
Chief Technical Officer
Lukas Platinsky
Co-Founder
Bryan Baum
Co-Founder
Andrej Pancik
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