Home / Technology / Lidar Maker Ouster Merges with Vision AI Firm StereoLabs
Lidar Maker Ouster Merges with Vision AI Firm StereoLabs
10 Feb
Summary
- Ouster acquired StereoLabs for $35 million and 1.8 million shares.
- The deal accelerates consolidation in perception sensor supply.
- Ouster CEO sees lidar as core, but wants to move up the stack with cameras.
Lidar manufacturer Ouster recently acquired StereoLabs, a specialist in vision-based perception systems for robotics and industrial applications. The transaction involved $35 million in cash and 1.8 million shares of Ouster stock. This acquisition signifies a significant consolidation trend within the perception sensor industry, following recent similar deals. Ouster's CEO, Angus Pacala, stated that the company has been interested in StereoLabs for years. He views lidar as essential for safety-critical systems but aims to expand Ouster's offerings by integrating camera technology.
Pacala specifically praised StereoLabs for its proficiency in leveraging AI models and edge computing with cameras, especially in deriving depth information. He articulated the vision of creating a unified sensing and perception platform to become a top-tier supplier for advanced physical AI systems. Despite the acquisition, StereoLabs will continue to operate as a wholly-owned subsidiary. Pacala emphasized a focus on building practical, certified, and safe working systems rather than solely capitalizing on the hype surrounding physical AI, noting potential disillusionment with long development timelines for technologies like humanoids.
