# Velodyne Lidar completes reverse merger with Graf Industrial Corp.

Velodyne Lidar completed its acquisition of Graf Industrial Corp. in a reverse merger transaction valued at $2.1 billion, becoming a publicly traded company.

- Type: Acquisition
- Announced: 2020-09-28
- Where: United States
- Value: $2.10B
- Status: completed
- Products: lidar sensors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Velodyne Lidar](https://endata.com/companies/48305.md) (acquirer)
- [Graf Industrial Corp.](https://endata.com/companies/48306.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/VELODYNE-LIDAR-46844047/news/Velodyne-Lidar-Inc-completed-the-acquisition-of-Graf-Industrial-Corp-in-a-reverse-merger-transact-33685081/), 2020-09-28: "Velodyne Lidar, Inc. completed the acquisition of Graf Industrial Corp. in a reverse merger transaction."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.