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Exclusive: Self-driving startup Ouster nears US$1 9 billion deal to go public -sources

Exclusive: Self-driving startup Ouster nears US$1.9 billion deal to go public -sources Toggle share menu Advertisement 22 Dec 2020 10:00AM Share this content Bookmark REUTERS: Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, is nearing a deal to go public at a roughly US$1.9 billion valuation through a merger with a blank-check acquisition firm, according to people familiar with the matter. San Francisco-based Ouster plans to merge with Colonnade Acquisition Corp and the deal could be announced as early as Tuesday, the sources said, requesting anonymity ahead of an official announcement. Advertisement Advertisement Colonnade is a special purpose acquisition company (SPAC) led by investors Remy Trafelet and Joseph Sambuco. It raised US$200 million in an initial public offering (IPO) in August with the aim of merging with a privately held company. The acquired company then becomes public as result

United statesBill fordRichard pullinJoseph sambucoJoshua franklinRemy trafeletPaul lienertSilicon valley bankColonnade acquisition corpVelodyne lidar incOuster incFord motorFrancisco based ousterCox automotiveFontinalis partnersFord motor executive chairman bill

Ouster, Maker Of Self-Driving Tech, Agrees $1 9 Billion Deal To Go Public

Ouster, Maker Of Self-Driving Tech, Agrees $1.9 Billion Deal To Go Public Ouster sees its digital lidar technology as having practical applications beyond autonomous vehicles and extending to areas such as drones, smart cities and robotics, according to company co-founder and Chief Executive Angus Pacala. By Reuters | Published: 0 Views Ouster sees its digital lidar technology as having practical applications beyond autonomous vehicles. Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, said on Tuesday it has agreed to go public through a merger with special purpose acquisition company (SPAC) Colonnade Acquisition Corp.The deal values San Francisco-based Ouster at around $1.9 billion and makes it the fifth lidar manufacturer this year to agree a SPAC merger to go pub

Bill fordAngus pacalaRemy trafeletSilicon valley bankColonnade acquisition corpVelodyne lidar incOuster incFord motorColonnade acquisition corp theSan francisco based ousterChief executive angusColonnade chief executive remyCox automotiveFontinalis partnersFord motor executive chairman billர சி து ஃபோர்ட்

Self-driving startup Ouster nears US$1 9b deal to go public: sources

Self-driving startup Ouster nears US$1 9b deal to go public: sources
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Bill fordJoseph sambucoRemy trafeletSilicon valley bankColonnade acquisition corpVelodyne lidar incOuster incFord motorFrancisco based ousterCox automotiveFontinalis partnersர சி து ஃபோர்ட்சிலிக்கான் பள்ளத்தாக்கு வங்கிபெருங்குடல் கையகப்படுத்தல் கார்ப்அஸ்‌டர் இன்க்ஃபோர்ட் மோட்டார்

A Peek Into The Markets: US Stock Futures Mixed; Congress Clears Stimulus Bill

A Peek Into The Markets: US Stock Futures Mixed; Congress Clears Stimulus Bill
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Ouster going public in SPAC deal, with goal to put lidar on every vehicle on Earth

Ouster going public in SPAC deal, with goal to put lidar on every vehicle on Earth
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