# Ambarella closes acquisition of Oculii for $307.5 million

Ambarella completed its acquisition of Oculii Corp for $307.5 million, adding radar perception software to its AI vision portfolio for automotive and IoT applications.

- Type: Acquisition
- Announced: 2021-11-08
- Value: $307.5M
- Status: completed
- Products: AI vision SoCs, radar perception software
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ambarella](https://endata.com/companies/58962.md) (acquirer)
- [Oculii](https://endata.com/companies/58963.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/js/news-release/2021/11/08/2328969/23306/en/ambarella-closes-acquisition-of-oculii.html), 2021-11-08: "We are excited to have closed this transaction quickly, and look forward to integrating our teams and technologies."

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