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✉news BusinessStartups first seen 1 d ago, last 1 d ago, peak #34

Texmaco defence arm buys autonomous-tech startup for $8,300

Original: Texmaco's defence arm buys autonomous-tech startup for $8,300

The defence division of Indian rail and engineering group Texmaco has acquired an autonomous-technology startup for just $8,300, according to deal data. The unusually small purchase price makes the transaction more of a token acquisition than a major takeover, and there has been no detailed public comment from either company on the strategy behind the deal.

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