MicroVision acquires assets of bankrupt lidar supplier Luminar
MicroVision, a lidar supplier, successfully acquired assets from the bankrupt Luminar for $33 million, a move expected to accelerate MicroVision's commercial objectives and revenue generation. The acquisition includes Luminar's intellectual property, inventory, and talent, along with existing customer relationships. MicroVision highlighted that this acquisition strengthens its product portfolio and global talent pool, emphasizing rapid integration to re-establish and build customer relationships.
https://www.trucknews.com/technology/microvision-acquires-assets-of-bankrupt-lidar-supplier-luminar/1003208431/