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MicroVision Signs Agreement To Acquire Scantinel Photonics GmbH; Financial Terms Not Disclosed

Benzinga·11/10/2025 21:09:36
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MicroVision, Inc. (NASDAQ:MVIS), a technology pioneer delivering advanced perception solutions in autonomy and mobility, today announced that it had entered into an agreement to acquire the business and assets of Scantinel Photonics GmbH, a developer of 1550nm frequency-modulated continuous wave, or FMCW, lidar technology targeted for initial application in the commercial vehicle market. In connection with the acquisition, MicroVision is collaborating with certain funding and strategic partners to accelerate productization and commercial opportunities.

With the signing of an asset purchase agreement in October 2025, MicroVision and a funding partner intend to jointly finance the formation of a new German entity, Scantinel GmbH, to acquire the FMCW technology and related assets, as well as a team of approximately 20 engineers based in Ulm, Germany. The parties expect the transaction to be completed by the end of 2025, subject to certain closing conditions, including clearance from the German Federal Ministry for Economic Affairs and Energy.