MergerLinks Header Logo

Announced

Aurora Innovation to acquire OURS Technology.

Synopsis

Aurora Innovation, an autonomous-driving startup, agreed to acquire OURS Technology, a lidar sensor manufacturer. Financial terms were not disclosed. Aurora plans to incorporate the chips into the sensing component of its autonomous driving system. The decision to acquire Ours Technology rather than simply licensing its technology will enable Aurora to remove the possibility of a competitor swooping in. Moreover, absorbing the startup will enable it to align the product development roadmap more closely with its business model.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US