MicroVision, Inc. entered into an agreement to acquire specified assets related to the LiDAR Business of Luminar Technologies, Inc. (OTCPK:LAZR.Q) for $33 million.
MicroVision, Inc. (NasdaqGM:MVIS) entered into an agreement to acquire specified assets related to the LiDAR Business of Luminar Technologies, Inc. (OTCPK:LAZR.Q) for $33 million on January 26, 2026. A cash consideration of $33 million will be paid by MicroVision, Inc.
The closing of the acquisition is subject to customary conditions, including approval by the bankruptcy court and is expected to be completed on or shortly after February 2, 2026.
Gregg Galardi, David Harris and Tom Fraser of Ropes & Gray, LLP acted as legal advisor to MicroVision, Inc. and Weil, Gotshal & Manges, LLP acted as legal advisor to Luminar Technologies, Inc.
Luminar Technologies, Inc. is a global automotive technology company, which is engaged in vehicle safety and autonomy. It enables safety and autonomous capabilities for passenger and commercial vehicles and other adjacent markets. Its Autonomy Solutions segment is engaged in the design, manufacturing, and sale of LiDAR sensors, catering mainly to the original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries. Its Advanced Technologies and Services segment provides advanced semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. Its products include Iris lidar, Core Sensor Software, Driving Functions Software, and others. EM4 manufactures and sells packaged photonic components and sub-systems for aerospace and industrial markets.
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MicroVision, Inc. entered into an agreement to acquire specified assets related to the LiDAR Business of Luminar Technologies, Inc. (OTCPK: LAZR.Q) for $33 million.