Acquisition

Ouster acquires Velodyne LiDAR

Lidar makers Ouster and Velodyne completed an all-stock merger of equals effective February 10, 2023. Each Velodyne share was exchanged for 0.8204 Ouster shares; the combined company retained the Ouster name and NYSE ticker OUST. No headline cash valuation was disclosed (stock-for-stock merger of equals).

merger · Completed · Undisclosed · verified

Track Ouster acquires Velodyne LiDAR

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a3c12976-9732-44f1-8486-cc7376d38afa

Parties

Acquirer: Ouster
Acquired: Velodyne LiDAR

Timeline

Closed: 2023-02-10

Sources (1)

https://investors.ouster.com/news-releases/news-release-details/ouster-and-velodyne-complete-merger-equals-accelerate-lidar

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