Robotics 24/7    Topics    Mergers & Acquisitions

Topic: Mergers & Acquisitions


Page 1 of 6 pages.
Robotics and AI Wave Likely to Continue, Says Investment Expert
From self-driving cars to humanoid robots, numerous technologies are vying for investment, but see which ones solve business problems, says Indxx Managing Partner Rahul Sen Sharma.

Sarcos Closes Acquisition of RE2, Establishes Pittsburgh Presence
Sarcos, which has developed teleoperated and wearable systems for industrial uses such as inspections, will add RE2's mobile manipulation systems to its robotics-as-a-service portfolio.

MHS Global and Fortna to Merge, Forming Materials Handling Multinational
MHS, which provides materials handling automation and integration services, said its combination with Fortna's warehouse operating software, will give end-to-end support for logistics providers.

Autonomous EV Maker ICONIQ to Enter SPAC Merger With East Stone Acquisition
ICONIQ, an autonomous and electric vehicle manufacturer that now does business as NWTN, is establishing a new subsidiary with East Stone Corp.

Accelus and CHP Call Off Minimally Invasive Spinal Surgery SPAC Merger
Accelus, which has developed robotic targeting system and proprietary expansion technology for spine surgery, called off its SPAC merger because of "market conditions."

Bosch Buys Five AI to Accelerate Autonomous Driving Software Development
Bosch and Five said the software building blocks their cloud-based toolchain engineering environments complement each other and will be merged for self-driving safety.

United Robotics Group Acquires SoftBank Robotics Europe and Service Robot Portfolio
United Robotics Group, a German robotics-as-a-service provider, is acquiring France-based service robot maker SoftBank Robotics Europe, whose name will revert to Aldebaran.

Sarcos and RE2 CEOs Talk Next Steps After Acquisition Announcement
Sarcos CEO Kiva Allgood and RE2 Robotics CEO Jorgen Pedersen discuss their complementary technologies and plans after Sarcos' $100 million purchase of RE2.

Bowery Farming Purchases Traptic to Expand Agricultural Prowess
Indoor grower Bowery Farming has acquired fruit-picking robot provider Traptic to harvest produce such as strawberries.

Cepton Technologies SPAC Deal Proceeds, Aimed at Expanding Lidar Applications
Cepton Technologies is the latest lidar provider to be involved in a special-purpose acquisition company deal, as Growth Capital prepares for a shareholder meeting.

Magna International Acquires Optimus Ride Engineering Team
Magna, a major automotive technology supplier, has acquired self-driving shuttle developer Optimus Ride and will add its employees to its driver-assist efforts.

mdGroup Acquires GeoCue to Broaden Expertise in Drone Lidar Surveying Technologies
mdGroup, the parent company of Microdrones, is adding GeoCue to its aerial data portfolio for lidar-based industrial surveying. The company said it will be an end-to-end provider of digital twins.

Hy-Tek Holdings Acquires Fellow Integrator Advanced Handling Systems
Hy-Tek Holdings is acquiring Advanced Handling Systems and adding the automation systems integrator to its Hy-Tek Material Handling group serving varied applications.

Symbotic to Take AI Powered Supply Chain Robots Public With SoftBank Partnership
Symbotic, which supplies AI-driven warehouse automation to customers such as Walmart, expects SPAC transaction with SoftBank to help it address $5 billion backlog in orders.

MassRobotics Marks Another Year of Growth, Successful Partnerships
At an annual event, MassRobotics noted the many ways in which public-private partnerships have helped Massachusetts robotics innovators and entrepreneurs in the past year.



Email Sign Up

Get news, papers, media and research delivered
Stay up-to-date with news and resources you need to do your job. Research industry trends, compare companies and get market intelligence every week with Robotics 24/7. Subscribe to our robotics user email newsletter and we'll keep you informed and up-to-date.



Robot Technologies