M&A Deal Summary

Koito Acquires Cepton

On July 29, 2024, Koito acquired technology hardware company Cepton

Acquisition Highlights
  • This is Koito’s 1st transaction in the Technology Hardware sector.
  • This is Koito’s 1st transaction in the United States.
  • This is Koito’s 1st transaction in California.

M&A Deal Summary

Date 2024-07-29
Target Cepton
Sector Technology Hardware
Buyer(s) Koito
Deal Type Add-on Acquisition
Advisor(s) O'Melveny & Myers (Legal)

Target

Cepton

San Jose, California, United States
Cepton provides state-of-the-art, intelligent, lidar-based solutions for a range of markets such as automotive (ADAS/AV), smart cities, smart spaces, and smart industrial applications. Cepton’s patented MMT®-based lidar technology enables reliable, scalable, and cost-effective solutions that deliver long-range, high-resolution 3D perception for smart applications. Cepton was founded in 2016 and is headquartered in San Jose, California.

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Buyer(S) 1

Buyer

Koito

Tokyo, Japan

Category Company
Founded 1915
Sector Electrical Equipment
Revenue 916.7B JPY (2025)
DESCRIPTION

Koito is an automotive tier-one supplier operating 30 companies in 13 countries worldwide and providing products and services to customers worldwide, through a global network led by five major regions (Japan, Americas, Europe, China, and Asia). The company develops lighting technologies and related equipment, control systems, and environmentally friendly products, materials, and production methods. Koito was formed in 1915 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1