secwatch.observer — SEC 8-K summary
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Issuer:     AMBARELLA INC (AMBA)
CIK:        0001280263
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001193125-21-322486
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ambarella completes $307.5M acquisition of Oculii; expands into radar perception
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- Closed November 5, 2021; Oculii becomes wholly owned subsidiary of Ambarella.
- Total consideration ~$307.5M cash, subject to customary adjustments.
- Oculii CEO Steven Hong named Ambarella VP & GM, Radar; CTO Lang Hong becomes Fellow.
- Oculii's adaptive AI radar software enables up to 100X resolution, longer range, greater accuracy.
- Combines Ambarella camera tech with Oculii radar for all-weather, low-cost autonomous perception.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280263/000119312521322486/0001193125-21-322486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280263/000119312521322486/d255618d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-322486

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer