Topic: auction process

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  • Luminar's Lidar Unit Attracts $33 Million Takeover Bid
    January 28, 2026
    85%

    Luminar's Lidar Unit Attracts $33 Million Takeover Bid

    MicroVision has placed a winning $33 million bid to acquire Luminar's core lidar assets, including intellectual property, inventory, and key personnel, signaling a major industry consolidation. MicroVision's leadership believes this acquisition positions the company to transform the lidar market ...

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  • Luminar Founder Austin Russell Accepts Subpoena in Bankruptcy Case
    January 21, 2026
    30%

    Luminar Founder Austin Russell Accepts Subpoena in Bankruptcy Case

    Austin Russell, Luminar's founder, has agreed to receive a subpoena for his mobile device data as part of the company's bankruptcy proceedings, with a week to challenge it. Luminar filed for Chapter 11 after losing key auto contracts and facing intense competition, leading to asset sales includin...

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Related Topics

ethics inquiry (2) lidar technology (2) bankruptcy proceedings (2) executive leadership (1) protective order (1) company acquisition (1) lidar business sale (1) privacy concerns (1)