Waymo bought Apple’s self-driving car proving ground for $220M
Quick Answer
Waymo has acquired a 5,500-acre self-driving car proving ground in Arizona from Route 14 Investment Partners LLC, linked to Apple, for $220 million.
Quick Take
This acquisition enhances Waymo's testing capabilities in a strategic location near existing proving grounds.
Key Points
- Waymo's acquisition includes a 5,500-acre site in Arizona.
- The property was purchased for $220 million.
- Route 14 Investment Partners LLC, a Delaware shell company, previously owned the site.
- The proving ground is strategically located near other testing facilities.
- This acquisition will bolster Waymo's self-driving vehicle testing efforts.
Source Excerpt
Waymo has acquired a massive 5,500-acre proving ground in Arizona owned by Route 14 Investment Partners LLC, a Delaware shell company associated with Apple, according to documents filed with Maricopa County.
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