| 12:12 PM EST

GM Buys Lidar Developer

General Motors Co. has acquired Strobe Inc., a Pasadena, Calif.-based developer of lidar sensors for autonomous vehicles.
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General Motors Co. has acquired Strobe Inc., a Pasadena, Calif.-based developer of lidar sensors for autonomous vehicles.

GM plans to fold the three-year-old startup company into its Cruise Automation subsidiary. Strobe, which has about 15 software engineers and other employees, holds several lidar-related patents that GM and Cruise say will “significantly” improve the cost and capabilities of prototype self-driving cars.

Strobe was founded by CEO Julie Schoenfeld and Director Lute Maleki in 2014 when the business was spun off from California’s OEwaves Inc. The executive team also includes Tony Tether, who created the Grand Challenge autonomous vehicle race for the U.S. Defense Advanced Research Projects Agency.

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