Event
Koito completes acquisition of Cepton
Koito completed its acquisition of Cepton, making the LiDAR company a privately held indirect US subsidiary and combining its sensing technology with Koito automotive manufacturing scale.
Evidence notes
- Operations continued from Cepton’s San Jose headquarters after the transaction.
- Shares were delisted and converted to $3.17 in cash per share.
- The combination targets automotive, industrial-equipment and smart-infrastructure LiDAR commercialisation.
Company context
Cepton develops high-performance LiDAR sensors for automotive, smart-infrastructure and industrial applications. Founded in San Jose in 2016, the company uses its Micro Motion Technology scanning architecture to target compact, reliable and scalable perception. Cepton became a Koito Group company in January 2025, pairing its sensing technology with an established automotive Tier 1 manufacturing and customer base.
Context
- Company
- Cepton
- Segment
- Perception
- Event type
- Acquisition
- Added to Korthos
- Jul 15, 2026
- Geography
- San Jose · United States