Cepton announces completion of acquisition by Koito Manufacturing Co., Ltd., ushering in a new era of long-term LiDAR technology integration
Cepton announces completion of acquisition by Koito Manufacturing Co., Ltd., ushering in a new era of long-term LiDAR technology integration
01/08/25, 10:15 PM
Location
san jose
minato cityIndustry
information technology
automotive
manufacturing
Cepton, a leading innovator in Silicon Valley and a high-performance LiDAR solutions provider, has announced the completion of its acquisition by Koito Manufacturing Co., Ltd., a primary supplier of automotive lighting systems. This strategic acquisition marks a milestone in the industrialization of Cepton’s cutting-edge LiDAR technology, aiming to rebuild the future of mobility by combining the strengths of both companies.
Company Info
Location
San Jose, California, United States
Company info
Cepton is a Silicon Valley innovator providing LiDAR-based solutions for automotive (ADAS/AV), smart city, smart space and smart industry applications. Based on the company's patented LiDAR technology, Cepton is focused on mass-producing LiDAR, delivering a balanced approach of performance, cost and reliability while providing scalable, intelligent 3D shape perception solutions across all industries. Founded in 2016, Cepton is led by industry veterans with decades of experience across a wide range of advanced LiDAR and imaging technologies, and is focused on commercializing high performance, high quality LiDAR solutions at scale. Headquartered in San Jose, California, Cepton operates a Center of Excellence facility in Troy, Michigan, providing local support to automotive customers in the Detroit metropolitan area. The company also has a presence in Germany serving European customers.