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[-]  08-11-18 13:18

Business Insider
Ford is buying scooter startup Spin (F)
Ford is buying Spin, a 24-person scooter startup based in San Francisco. 
Terms of the deal weren't disclosed, but Axios reported the price tag was $40 million. 
Ford sees the agreements Spin makes with cities as a possible precursor to rolling out self-driving vehicles. 
Ford is buying scooter startup Spin as doubles down on its investments in the future of transportation.
Terms of the deal were not disclosed, but founder and CEO Euwyn Poon said Ford plans to invest about $200 m...

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