Lidar suppliers Velodyne, Ouster reach merger deal
Lidar companies Ouster and Velodyne said Monday they plan to merge. The two companies signed a merger agreement Friday. Existing Velodyne and Ouster shareholders would each own about 50 percent of the combined company under terms of the “merger of equals” agreement, which is expected to close in the first half of 2023. Ouster CEO […]
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