Technology

Self-Driving Startup Aurora in Agreement With Reinvent SPAC

Self-Driving Startup Aurora in Agreement With Reinvent SPAC

Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology Partners Y, a blank-check firm led by executives including LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus.The deal represents an equity value of $11 billion for Aurora, and the combined company will be valued at $13 billion, according to a statement Thursday.

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