Cruise LLC, the self-driving technology company thats majority-owned by

General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.

Im pleased to welcome Oliver Cameron and

Voyage to the Cruise team, Cruise President Kyle Vogt announced Monday on

Twitter, confirming a Bloomberg News

report from early this month. Voyage is a nimble and highly capable company that shares our mission to make transportation safer & more accessible, and were thrilled that theyre joining us.

The deal gives Cruise more than 60 people trained in developing and running self-driving vehicles, where experience and talent comes at a premium. Cameron, Voyages chief executive officer, is joining Cruise as vice president of product.

Cruises acquisition of Voyage happens at a time when autonomous-technology companies are consolidating. Zoox Inc. sold to

Amazon.com Inc. last year. For Voyage, joining Cruise is a way for Cameron to continue his work with the aid of the acquirers 1,800 employees and its deeper pockets.

The purchase price wasnt disclosed.

While Voyage has raised $52 million, Cruise has raised more than $8 billion and gets about $1 billion a year from GM.

The self-driving industry is consolidating, and the leaders of a trillion-dollar market are fast emerging, Cameron said on a

blog post on Voyages web page. After being intimately involved with the AV industry for the last five years, I can say with certainty that Cruise — with its advanced self-driving technology, unique automaker partnerships, and all-electric purpose-built vehicle with no human controls — is poised to be the clear leader.

Cameron said that key members of Voyages technology team will be working on the Cruise

Origin, the companys dedicated self-driving shuttle.

    Before it’s here, it’s on the Bloomberg Terminal.

    LEARN MORE