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Peraso Technologies received a US$3 million purchase order from a tier 1 fixed wireless OEM for its PRM2140X 802.11ad mmWave phased array modules.
MoSys and Peraso Technologies signed a definitive agreement for a business combination. Peraso shareholders will hold a 61% stake in the combined company, which will be renamed Peraso Inc. and trade under ticker PRSO. The deal is expected to close in Q4 2021.