Cepton have announced the completion of their acquisition by Koito. As a privately-held, indirect subsidiary of Koito in the United States, Cepton will continue to operate with corporate headquarters in San Jose, California.
This acquisition, effective as of 7 January 2025, marks a strategic milestone in the industrialization of Cepton’s lidar technology, combining the strengths of both companies to reshape future mobility. Supported by Koito’s world-renowned automotive expertise, Cepton will continue to commercialize lidar solutions with a strong focus on quality, reliability and sustainability.
Cepton CEO and cofounder Dr. Jun Pei says, “We are thrilled to join Koito as one company given the synergies between Cepton and Koito demonstrated through our years of close collaboration. The automotive industry has been trialling lidar technology for nearly a decade, and our combination with Koito comes at a critical inflection point, where trials must transition into full-scale, long-term deployment. Joining forces with Koito enables us to maximize our strengths in delivering what’s of utmost importance to our OEM customers: a true balance between performance, reliability and cost”.
And Koito President and COO Michiaki Kato says, “The integration of Cepton will enhance Koito’s ability to strengthen our global leadership, particularly in setting industry standards for precision sensing technologies across diverse vehicle types and applications. As part of Koito’s vision of ‘lighting the way for our sustainable future,’ we aim to make lidar an accessible technology for automakers worldwide. With the addition of the Cepton team, Koito is committed to driving a future of safe, smart and sustainable mobility.”
