CMU self-driving technology spinoff acquired by Delphi

Carnegie Mellon University spinoff Ottomatika Inc. has been acquired by Delphi Automotive PLC, the university announced Tuesday. Financial terms of the transaction were not disclosed. Led by Electrical and Computer Engineering Professor Raj Rajkumar, Ottomatika, which provides software and systems development for self-driving vehicles, spun off from Carnegie Mellon in 2013 and received an investment from Delphi in November 2014.