MicroVision Agrees to Buy Luminar Lidar Assets for $33 Million, Shares Tick Higher
MicroVision Inc said it won a bankruptcy-auction bid to acquire certain Luminar Technologies assets for $33 million in cash, a move that lifted its stock by about 4% on Tuesday. The purchase includes intellectual property and inventory tied to the Iris and Halo lidar sensors, select engineering and operations personnel, and specific commercial cont…