Silicon Valley’s lidar leader Cepton, Inc. (Nasdaq: CPTN) has announced a definitive agreement for its acquisition by Koito Manufacturing Co., Ltd. (TSE: 7276), a major player in the automotive sector. The deal, valued at $3.17 per share in an all-cash transaction, marks a significant milestone for both companies. This acquisition will see Cepton, known for […]
Cepton, Inc. (Nasdaq: CPTN), a pioneering Silicon Valley firm known for its high-performance lidar solutions, has entered into a pivotal Engineering Services Agreement with its long-term Tier 1 automotive partner and current shareholder, KOITO MANUFACTURING CO., LTD. (TSE: 7276). Announced on May 9, 2024, this agreement involves Koito providing Cepton with engineering services valued at […]
