Shock deal: Koito Manufacturing to snap up Cepton Inc. for $3.17 per share
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 […]