1. Self-driving cars spur heavy auto deal traffic in Silicon Valley

    Self-driving cars spur heavy auto deal traffic in Silicon Valley

    The auto industry’s self-driving revolution has spurred the biggest two years of automotive supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation. The total value of automotive supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far exceeding the $17.7 billion annual average in the previous 10 years.

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    1. Automotive bankers are definitely spending more time in places like Silicon Valley.
    2. I think we'll probably see a few more interesting deals over the next year or so.
    3. If you don't buy now, and boost your capabilities for autonomous driving and for connected cars, there's no second chance.
    4. Put yourself in the shoes of a traditional supplier.
    5. The targets for my clients sit in Silicon Valley, while the buyers for my clients are in China.
    6. If you think back five years ago, nobody knew such products would exist.
    7. If a company isn't innovative and its products aren't unique, they won't survive in the shark tank that is the auto supply sector.
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