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Federated Hermes Inc Increases Stake in Velodyne Lidar, Inc (NASDAQ:VLDR)

Federated Hermes Inc. lifted its position in Velodyne Lidar, Inc. (NASDAQ:VLDR – Get Rating) by 1,427,111.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 984,776 shares of the company’s stock after acquiring an additional 984,707 shares during the quarter. Federated Hermes Inc.’s holdings […]

Velodyne Lidar, Inc (VLDR) Q3 2022 Earnings Call Transcript

Velodyne Lidar, Inc. (NASDAQ:NASDAQ:VLDR) Q3 2022 Earnings Conference Call November 08, 2022 04:30 PM ET Company Participants Jordan Darrow - Investor Relations, Darrow Associates Ted.

Velodyne Lidar acquires AI software company Bluecity

Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity’s executive, software development and sales teams will join Velodyne. Velodyne and Bluecity have been partnering for many years.

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