Gores Metropoulos Inc. (GMHI) to Combine with Luminar in $2.9Bn deal

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Gores Metropoulos Inc. (GMHI) to Combine with Luminar in $2.9Bn deal

  Gores Metropoulos Inc. (GMHI) announced this morning that it has entered into a definitive agreement to combine with Luminar Technologies in a deal that would value the autonomous vehicle sensor and software-maker at $2.9 billion. Luminar’s IRIS sensory array uses lidar technology to measure forward distances, avoid collisions and steer autonomous vehicles. It is
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