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Ford acquires Palo Alto-based Autonomic for cloud platform for mobility apps

Ford Motor Company announced its acquisition of Autonomic, a start-up based in Palo Alto, California that is developing an open cloud-based platform “for connecting and empowering tomorrow’s mobility systems.” Financial terms were not disclosed.

Autonomic said it is working on building blocks for smart mobility applications and services. Ford said the acquisition will accelerate the automaker’s mission to establish the Transportation Mobility Cloud platform and support its plans to scale up other key mobility initiatives, including the drive toward full connectivity, Chariot and non-emergency medical transportation.

Ford also announced the acquisition of TransLoc, a Durham, North Carolina-based provider of demand-response technology for city-owned microtransit solutions.

“We believe transportation done right – as part of a systems approach – can bring life back to our cities,” said Marcy Klevorn, president, Ford Mobility. “By accelerating our delivery of mobility services through the changes we are making today, we are enabling that revival, enhancing our competitiveness and creating long-term value for Ford shareholders.”

Ford has outlined a strategy with the following components:

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