October 05, 2021
Otonomo Technologies Ltd., a leading provider of a pioneering vehicle data platform and marketplace, has announced that it has acquired Neura, Inc., a leader in AI-powered Mobility Intelligence. Otonomo expects this acquisition to expedite Otonomo’s growth and to contribute positively to Otonomo’s revenue moving forward.
Latham & Watkins LLP represents Otonomo in the transaction with a corporate deal team led by Houston partners Ryan Maierson and John Greer, and London partner Josh Kiernan, with Houston associates Ryan Lynch, Clayton Heery, and Jessica Sherman. Advice was also provided on tax matters by Washington, D.C. partner Nicholas DeNovio, with Century City associate Abigail Friedman; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Joseph Simei; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Courtney Thomson; and on intellectual property matters by Bay Area partner Michelle Gross.
The firm also advised Otonomo in its US$1.4 billion merger with Software Acquisition Group Inc. II.