GM Joins Forces With Magna and Wipro To Develop Auto Software Marketplace

Key TakeawaysGeneral Motors, Magna International, and Wipro are teaming up to develop a platform for businesses to buy and sell automotive software.The companies said that the platform, called SDVerse, will offer hundreds of software products.GM will hold a 46% stake in SDVerse, while Magna and Wipro will each have 27%. General Motors (GM), auto parts supplier Magna International (MGA), and information technology provider Wipro (WIT) are teaming up to develop a platform for businesses to buy and sell automo ...