Ford has agreed to acquire Journey Holding Corporation, a company that has developed vehicle tracking software and app-based technology designed for public transportation, as the automaker seeks to scale up its new mobility business.
Journey Holding will be housed under Ford Smart Mobility, a Ford subsidiary that invests in and builds the automaker’s transportation services. Terms of the deal were not disclosed.
In a separate announcement, Ford said Tuesday it acquired Quantum Signal, a small robotics company and defense contractor known for mobile robotics and real-time simulation.
The acquisition of Journey is part of a broader vision laid out by CEO Jim Hackett more than a year ago to create an ecosystem of transportation-related services that people and cities need now and in the future.
The Journey acquisition follows Ford’s purchase of Autonomic and Transloc in 2018.
Today, those services might include using an app to find a Ford-owned Spin scooter or schedule a bus or on-demand shuttle.
In the future, it might include finding and hailing an autonomous vehicle.
