Velodyne Lidar acquires AI software company Bluecity

Green Car Congress
By mmillikinOct 5, 2022, 10:00 am233 pts
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…

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