Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse

Nigeria News News

The merger creates a lidar powerhouse with more than 850 customers and about $315 million in cash on hand.

in favor of more limited driver-assist technology.

Pacala, who will lead the combined company, told CNBC in an interview on Monday that the merger is "a major step toward profitability for Ouster."

Write Comment

ousterlidar kirar96 🤘🏼

Right! ;-)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: