Cepton announces completion of acquisition by Koito Manufacturing Co., Ltd., ushering in a new era of long-term LiDAR technology integration
Jan 08, 2025•11 months ago
Acquiring Company
Cepton
Acquired Company
Koito Manufacturing Ltd
Description
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.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed