Microvision shares rise 10.12% intraday after acquiring Ibeo to enhance lidar solutions for automotive and industrial markets.
ByAinvest
Tuesday, Mar 10, 2026 11:06 am ET1min read
MVIS--
Microvision surged 10.12% intraday, driven by its acquisition of Ibeo Automotive Systems GmbH in January 2023, which enhanced lidar hardware and perception software capabilities for automotive and industrial solutions. The company specializes in high-performance MOVIA and IRIS sensors for automotive, industrial, and defense security markets.
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