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Ouster and Velodyne agree to merger, signaling consolidation in lidar industry

5 min•8 november 2022
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, according to the agreement that was signed on November 4.

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