Colonnade Acquisition Corp. (CLA) to Combine with Ouster in $1.57Bn Deal

Colonnade Acquisition Corp. (NYSE:CLA) announced this morning that it has entered into a definitive merger agreement with lidar-maker Ouster giving the combined entity an enterprise value of $1.57 billion. San Francisco-based Ouster provides lidar sensor hardware and vision software for industrial automation as well as driving-assisted vehicles, robotics and infrastructure. The combined entity is expected
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