# Ouster acquires Velodyne LiDAR: acquisition

Canonical ID: `a3c12976-9732-44f1-8486-cc7376d38afa`

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).

- **Structure:** merger
- **Status:** completed
- **Valuation:** undisclosed
- **Verification posture:** verified

## Parties

- **Acquirer:** [Ouster](https://registry.deploy.report/companies/ouster.md)
- **Acquired:** [Velodyne LiDAR](https://registry.deploy.report/companies/velodyne-lidar.md)

## Timeline

- **Closed:** 2023-02-10

## Sources (1)

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


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