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Announced

Completed

Ouster completed the merger with Velodyne in a $400m deal.

Financials

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Transaction Value£351m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

Majority

Public

Friendly

Single Bidder

Merger

Acquisition

Auto Parts

lidar solutions

auto parts

automobile sensors

United States

Completed

Synopsis

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Ouster, a provider of high-resolution digital lidar, completed the merger with Velodyne, a global player in lidar sensors and solutions, in a $400m deal. "Ouster’s cutting-edge digital lidar technology, evidenced by strong unit economics and the performance gains of our new products, complemented by Velodyne’s decades of innovation, high-performance hardware and software solutions, and established global customer footprint, positions the combined company to accelerate the adoption of lidar technology across fast-growing markets with a diverse set of customer needs. Together, we will aim to deliver the performance customers demand while achieving price points low enough to promote mass adoption," Angus Pacala, Ouster CEO.

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