Fiat Chrysler, Alphabet in technology partnership talks: WSJ
Letters spell the word "Alphabet" as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. REUTERS/Pascal Rossignol
(Reuters) - Fiat Chrysler Automobiles NV is in late-stage talks with Alphabet Inc's self-driving car division for a technology partnership, the Wall Street Journal reported, citing a person familiar with the discussions.
The talks have been ongoing for several months, the Journal reported, as Alphabet seeks industry partnerships, offering a deal to sell self-driving car technology.
Alphabet and Fiat Chrysler declined to comment.
Fiat Chrysler has been talking with many players outside the car sector about possible collaborations, as car technology has become a prime area of interest for Silicon Valley companies including Alphabet's Google, which has built a prototype self-driving car. (http://reut.rs/1VWDIgZ)
(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tuta Mail Files Google Complaint Under EU Tech Rules - Reuters
- WNS Holdings (WNS) Announces CFO Transition
- Mobileye (MBLY) misses estimates for Q1 earnings, revenue; shares slip
Create E-mail Alert Related Categories
Corporate News, Reuters, RumorsRelated Entities
Chrysler LLCSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!