MicroVision to Acquire Luminar Lidar Assets in Bankruptcy
MicroVision (MVIS) has agreed to acquire key lidar sensor business assets from Luminar Technologies for $33 million in cash through a U.S. Bankruptcy Code auction. This acquisition, expected to close in early February 2026, will expand MicroVision’s lidar product portfolio and commercial strategy, amid ongoing consolidation in the lidar sector. Despite the strategic move, TipRanks’ AI Analyst, Spark, maintains a Neutral stance on MVIS, citing weak financial performance and a low current revenue, offset by a positive strategic narrative from the recent earnings call.
https://www.tipranks.com/news/company-announcements/microvision-to-acquire-luminar-lidar-assets-in-bankruptcy