FTC clears antitrust review for Elon Musk's acquisition of SpaceX alumni startup Mesh Optical
By
Marina Temkin
Summary
Elon Musk is pursuing an acquisition of Mesh Optical Technologies, a startup founded by former SpaceX engineers that develops hardware for fast data center communications. The potential deal was revealed through an FTC filing, which confirmed the agency expedited its antitrust review. Mesh Optical came out of stealth in February after raising a $50 million Series A led by Thrive Capital.
Source
bskyFTC clears antitrust review for Elon Musk's acquisition of SpaceX alumni startup Mesh Opticaltechcrunch.comKey quotes
· 2 pulledThe potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review.
Mesh Optical came out of stealth in February when it announced that it raised a $50 million Series A led by Thrive Capital.
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