Vision Sensing Acquisition Corp. (VSAC) to Combine with Newsight Imaging in $380M Deal
Vision Sensing (NASDAQ:VSAC) has entered into a definitive agreement to combine with chip-maker Newsight at an enterprise value of $380 million, or 9.2x its 2023E revenue. Ness Ziona, Israel-based Newsight has developed a series of lidar and spectral imaging products that serve applications in the automotive, manufacturing and medical sectors. The combined company is expected
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