Ibeo Automotive: MicroVision to Acquire Ibeo Automotive Systems, For Up To 15M

MicroVision, Inc. (NASDAQ:MVIS), a Redmond, WA-based leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions is to acquire certain assets from Hamburg, Germany-based Ibeo Automotive Systems GmbH, for up to €15m. Under the terms of the asset purchase agreement, MicroVision will acquire certain Ibeo assets, IP, and teams to operate within the MicroVision [...]The post MicroVision to Acquire Ibeo Automotive Systems, For Up To €15M appeared first on FinSMEs.