On October 3, 2022, Bluecity Technology Inc., a Montreal-based artificial intelligence (AI) software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues, was acquired by Velodyne Lidar, Inc.
Velodyne and Bluecity have been partnering for many years to deliver lidar-based solutions for smart city applications.
A Fasken team composed of Adam Saskin, Kristian Zimmerman, Simon Bisson, Gabriel Paquette, Elissa Brock, Dalia Tullio (M&A), Ryan Rabinovitch, Andrew Haikal (Tax) and Rhonda Grintuch (Labor & Employment) represented Bluecity Technology Inc. in connection with this transaction.
Jurisdiction
- Québec
