Velodyne Lidar

Velodyne Lidar, Inc. provides smart, powerful lidar solutions for autonomous vehicles, driver assistance, delivery solutions, robotics, navigation and mapping. Its sensor and software solutions provide flexibility, quality and performance to meet the needs of various industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. The company was founded by David S. Hall in 1983 and is headquartered in San Jose, CA.

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Velodyne Lidar, the first public pure-play lidar company, is an industry leader in lidar globally. Their innovation, technology scope and manufacturing capabilities make them world-class in the lidar industry. Under the leadership of CEO Anand Gopalan, the company’s key objective is to transform lives through safe mobility and smart communities with high performance lidar solutions. The mission of Velodyne Lidar is that their solutions will provide new mobility choices through universally accessible transformation, while providing security, efficiency and sustainability in smart cities. One of the many aspects that makes Velodyne Lidar stand out in the industry is their revolutionary software and hardware solutions meet the needs of a broad range of industries. These include advanced driver-assistance systems, autonomous vehicles, robotics, smart cities, security, delivery, industrial and more. For instance, their solutions power autonomous tractors to create ease and efficiency in airport logistics and enable autonomous robots to perform dirty and often dangerous jobs including rescue missions, construction support, enhanced agriculture processes and more.

Ouster, Inc

With lidar companies Ouster and Velodyne officially merged, CEO Angus Pacala has identified the next phase of growth. And it's not self-driving cars or even advanced driver assistance systems.

Fresh off its merger, Ouster-Velodyne make a bet on smart infrastructure

The merger creates a lidar powerhouse with more than 850 customers and about $315 million in cash on hand.

Lidar makers Ouster and Velodyne complete their merger, creating a sector powerhouse

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster (NYSE: OUST), a leading provider of high-resolution digital lidar, and Velodyne, a global player in lidar sensors and solutions, announced the successful completion of their merger of equals, effective February 10, 2023. The combined company will keep the name Ouster and continue to trade on New York Stock Exchange under the ticker “OUST.

Ouster and Velodyne Complete Merger of Equals to Accelerate Lidar Adoption

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Velodyne Lidar has a low debt/asset ratio, providing it with a substantial cash reserve and greater financial flexibility. The company's outlook for Q4 2022 remains optimistic with continued demand and expected growth in billings and revenue.

Velodyne Lidar: A Pioneering Force In The Autonomous Vehicle Industry Poised For Growth

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) announced that the Special Meeting of Stockholders ("Special Meeting") scheduled to be held today to approve the proposed merger with Ouster, Inc. (NYSE: OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 10, 2023 and will be held virtually at https://www.virtualshareholdermeeting.com/VLDR2023SM.

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 10, 2023

Ouster (OUST) and Velodyne Lidar (VLDR; VLDRW) have completed their merger. These are the details.

Ouster And Velodyne Complete Merger: Details (OUST) (VLDR)

SAN FRANCISCO--( BUSINESS WIRE )--Ouster, Inc. (NYSE: OUST) (“Ouster”), a leading provider of high-resolution digital lidar, and Velodyne Lidar, Inc. (Nasdaq: VLDR; VLDRW) (“Velodyne”), a global player in lidar sensors and solutions, announced today the proposed designations for the Board of Directors of the Combined Company, subject to approval by the Ouster Board of Directors and closing the proposed merger of equals. The merger is expected to drive significant value creation and result in a stronger financial position through robust product offerings, increased operational efficiencies, ​​and a complementary customer base in fast-growing end-markets.

Ouster and Velodyne Achieve Guidance and Announce Combined Company Board of Directors in Anticipation of Closing of Merger of Equals

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster, Inc. (NYSE: OUST) and related matters was convened and adjourned without conducting any business. The Special Meeting will reconvene at 9:00 a.m. PT on February 3, 2023.

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 3, 2023

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) is urging stockholders to cast their votes in favor of the proposed merger with Ouster. As of January 23, 2023, over 97% of those voting have voted to approve the proposal to effect the merger. At this time, Velodyne has not reached the minimum quorum. Voters must cast their votes promptly in order to be counted in the Special Meeting of Stockholders on January 26, 2023, at 9:00 a.m. Pacific Time.

Velodyne Lidar Urges Stockholders to Vote Today in Favor of the Proposed Merger with Ouster, Inc.

Velodyne Lidar (US:VLDR) said Tuesday that proxy advisory firm Institutional Shareholder Services (ISS) recommended that shareholders vote for its proposed roughly $400 million merger with Ouster (US:OUST) at Velodyne's upcoming special shareholder meeting on Jan 26.

Velodyne-Ouster Merger Recommended by ISS and Glass Lewis for Cost Savings and Strategic Benefits.

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the leading independent proxy advisory firm of Institutional Shareholder Services (“ISS”) has recommended that shareholders vote “FOR” the proposed merger with Ouster, Inc. (NYSE: OUST) at Velodyne's upcoming Special Meeting of Stockholders (the “Special Meeting”), scheduled for January 26, 2023.

Leading Independent Proxy Firm ISS Joins Glass, Lewis & Co. in Recommending that Velodyne Lidar Stockholders Vote “FOR” the Merger with Ouster, Inc.

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that independent proxy advisory firm Glass, Lewis & Co. (“Glass Lewis”) has recommended that shareholders vote “FOR” the proposed merger with Ouster, Inc. at the Company's upcoming Special Meeting of Stockholders (“Special Meeting”), scheduled for January 26, 2023.

Independent Proxy Advisory Firm Glass, Lewis & Co. Recommends Velodyne Lidar Stockholders Vote “FOR” the Merger with Ouster, Inc.

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Lidar, Radar, Camera Vendors Fight To Be The Eyes Of Autonomous Vehicles

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced the beta launch of its Vella family of software products. Vella enables Velodyne's customers to accelerate development of lidar-based vision solutions for autonomous applications. Using the online platform Vella Portal, Velodyne's sensor customers can easily access Vella's software offerings, which include Vella Go for lidar sensor management, Vella Perception for application development and Vella Cloud Services for artificial intelligence (AI) capabilities.

Velodyne Lidar Launches Vella Family of Software Products

Wilmington, Delaware--(Newsfile Corp. - November 21, 2022) - Rigrodsky Law, P.A. is investigating Velodyne Lidar, Inc. ("Velodyne") (NASDAQ: VLDR) regarding possible breaches of fiduciary duties and other violations of law related to Velodyne's agreement to merge with Ouster, Inc. ("Ouster"). Under the terms of the agreement, each Velodyne share will be exchanged for 0.8204 shares of Ouster.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-velodyne-lidar-inc. To contact Seth D.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Velodyne Lidar, Inc. Merger

SAN JOSE, Calif.--( BUSINESS WIRE )--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced a multi-year agreement to provide its lidar sensors to GreenValley International for handheld, mobile and unmanned aerial vehicle (UAV) 3D mapping solutions, including in GPS-denied environments. Velodyne is already shipping sensors to GreenValley as part of this agreement.

Velodyne Lidar Signs Multi-Year Agreement with GreenValley International

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Velodyne Lidar, Inc. (VLDR), relating to its proposed merger with Ouster, Inc. Under the terms of the agreement, VLDR shareholders will receive 0.8204 shares of Ouster common stock per share they own. Click here for more information: https://www.monteverdelaw.com/case/velodyne-lidar-inc.

SHAREHOLDER ALERT: The M&A Class Action Firm Announces the Investigation of Velodyne Lidar, Inc. - VLDR

Velodyne Lidar, Inc. (VLDR) delivered earnings and revenue surprises of 45.83% and 2.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Velodyne Lidar, Inc. (VLDR) Reports Q3 Loss, Tops Revenue Estimates

Velodyne Lidar, Inc. (NASDAQ:VLDR ) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Jordan Darrow - Investor Relations, Darrow Associates Ted Tewksbury - Chief Executive Officer Mark Weinswig - Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Nick Doyle - Needham Samik Chatterjee - JPMorgan Mark Delaney - Goldman Sachs Operator Welcome to Velodyne Lidar Third Quarter 2022 Financial Results Conference Call. All participants will be in listen-only mode.

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

Velodyne Lidar Reports Third Quarter 2022 Financial Results

NEW YORK , Nov. 7, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Velodyne Lidar, Inc. ("Velodyne" or the "Company") (NASDAQ: VLDR), in connection with the proposed merger of the Company with Ouster, Inc. ("Ouster") (NYSE: OUST). Under the terms of the merger agreement, the Company's shareholders will receive 0.8204 shares of Ouster common stock for each Velodyne share owned, representing implied per-share merger consideration of approximately $0.99 based upon Ouster's November 7, 2022 closing price of $1.21.

SHAREHOLDER ALERT: Weiss Law Investigates Velodyne Lidar, Inc.

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MILWAUKEE , Nov. 7, 2022 /PRNewswire/ -- Ademi LLP is investigating Velodyne (NASDAQ: VLDR) for possible breaches of fiduciary duty and other violations of law in its transaction with Ouster.  Click here to learn how to join the action https://www.ademilaw.com/case/velodyne-lidar-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Velodyne Lidar, Inc. has obtained a Fair Price in its transaction with Ouster

The competition to dominate the important lidar market has been intense, driving competition up but stock prices down. Two of those firms, Velodyne (NASDAQ: VLDR) and Ouster (NYSE: OUST), announced on Monday that they would join forces in the hopes of improving the positions of both companies moving forward.

News for Velodyne Lidar Stock (VLDR)