Velodyne Lidar and Ouster agree to a merger of equals. The combined company will have $355 million in cash and slash $75 million in costs to speed up the path to breakeven. The stocks are a ...

Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company ...

Nov 7 (Reuters) - Lidar companies Ouster Inc (OUST.N), opens new tab and Velodyne Lidar Inc (VLDR.O), opens new tab have agreed an all-share merger that steps up consolidation in search of ...

Ouster Inc. and Velodyne Labs Inc., two major suppliers of lidar sensors for autonomous vehicles, today announced plans to merge in an all-stock transaction. Velodyne investors will receive 0. ...

1. Ouster has a strong position in the LIDAR market which will only be bolstered by the merger with Velodyne (VLDR) (Figure 1) - Ouster Inc. has developed a unique approach to lidar technology ...

With lidar companies Ouster and Velodyne officially merged, CEO Angus Pacala has identified the next phase of growth. And it’s not self-driving cars or even advanced driver assistance systems.

Ouster Inc. on Monday said it has completed its "merger of equals" with Velodyne Lidar Inc., with the latter's stock being de-listed as a result. Ouster said in Monday's announcement of the ...

Ouster Inc. CEO Angus Pacala is bullish about his company's future now that it has completed its merger with Velodyne Lidar Inc. But he had some bad news for employees of the newly combined ...

Ouster delivered strong sales growth and narrowed its losses in Q2. The lidar specialist also announced better-than-expected cost savings following its merger with Velodyne Lidar. Ouster published ...

opens new tab on Wednesday that the case must be arbitrated based on a provision in Hesai's 2020 settlement of a patent dispute with Velodyne Lidar , which Ouster merged with earlier this year.

Lidar makers Ouster and Velodyne have agreed to merge, combining roughly $400 million in market value. The companies said on Monday that they will join forces to increase their competitiveness in ...