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Rockley Photonics Combines with SC Health, Goes Public

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PASADENA, Calif., March 22, 2021 — Rockley Photonics entered into a definitive agreement to combine with SC Health Corp., a publicly traded special purpose acquisition company. The transaction will result in Rockley becoming a publicly traded company on the New York Stock Exchange under the symbol RKLY. The transaction values the company at a pro forma enterprise value of $1.2 billion.Read full article

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    Published: March 2021
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    BusinessRockley Photonicssilicon photonicsacquisitionsmergers & acquisitionsmergersacquirepublicpublicly tradedmachine visionBiophotonicsFiber Optics & CommunicationssiliconAmericas

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