Luminar Technologies Acquires Freedom Photonics
March 21, 2022
Luminar (Nasdaq: LAZR) announced it is acquiring Freedom Photonics, a high-performance laser chip and photonics components company used for lidar and other optical sensing applications. The all-stock deal follows years of collaboration and is expected to close in the second quarter, with Freedom Photonics’ leadership continuing to run and expand the business after closing.
- Buyers
- Luminar
- Targets
- Freedom Photonics
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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