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

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.