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DEVELOPING: Ouster Acquires StereoLabs: Sensor Market SHIFT!

Ouster Acquires StereoLabs: Sensor Market SHIFT!

Lidar-maker Ouster has acquired StereoLabs. The deal includes $35 million and 1.8 million shares. This acquisition signals a major shift in the perception sensor market.

StereoLabs develops vision-based perception systems. These systems are used in robotics and industrial applications. The move continues a trend of consolidation.

Ouster previously merged with Velodyne. It also acquired Sense Photonics. This follows MicroVision's recent purchase of Luminar's lidar assets.

Ouster's CEO says he eyed StereoLabs for years. The company aims to build safety-critical systems. Further details are expected.

This is a developing story. Updates will be provided as they become available.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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