Tech

Ouster and Velodyne announce the "completion of their merger of equals", further consolidating the lidar industry, which is key to Level 4 autonomous vehicles (Ed Garsten/Forbes)




Ed Garsten / Forbes:

Ouster and Velodyne announce ‘completed their equal merger’, further strengthening the lidded industry, which is key to Level 4 autonomous vehicles— Lidar companies Ouster and Velodyne announced that they have combined in an “equal merger,” adding further evidence of consolidation in the high-tech sensor industry.

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