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Topic: Mergers & Acquisitions


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Rockwell Automation Discusses OTTO Motors Acquisition
Rockwell Automation said it plans to retain the Clearpath Robotics and OTTO Motors brands for industrial and mobile robot markets.

Electric Sheep Acquires Phenix Landscape and Complete Landscaping to Grow Robotic Mowing
Electric Sheep, which provides AI mowing robots, has acquired two landscaping firms as part of its outdoor service expansion strategy.

Rockwell Automation Agrees to Acquire Clearpath Robotics, OTTO Motors—Updated
Rockwell Automation plans to spend $600 million to add industrial automation provider Clearpath Robotics and its OTTO Motors mobile robot division to its portfolio.

AeroVironment to Acquire Tomahawk Robotics for $120M for Robot Control Systems
AeroVironment is adding Tomahawk Robotics' AI-enabled robotic control systems to its connectivity and uncrewed systems portfolio for defense usage.

Jungheinrich Fully Acquires Magazino, to Retain Mobile Robot Brand
Jungheinrich has bought out shares in Magazino and is adding its mobile robots and control software to its warehouse portfolio.

Emerson to Acquire Afag to Enhance Factory Automation Line
Emerson Electric said it will add Afag's electric linear motion to its existing pneumatic factory automation to gain access to new, growing manufacturing segments.

Serve Robotics to Go Public in Reverse Merger, Finds $30M in Funding for Robot Deliveries
Serve Robotics has raised more than $56 million since 2021 and plans to use its latest financing to scale up to provide robotic deliveries in more cities across the U.S.

Applied Intuition to Acquire Embark Technology to Enhance Autonomous Vehicle Portfolio
Applied Intuition said it expects to integrate Embark's autonomous truck technology into its own self-driving vehicle suite and address customers' specific pain points.

6 River Systems Handoff a Sign for Mobile Robot Vendors to Demonstrate Value, Say Analysts
6 River Systems, which reportedly experienced layoffs around its sale from Shopify to Ocado, is an example of mobile robot suppliers striving to survive current challenges, said investors and analysts.

Ocado to Acquire Fulfilment Robotics Provider 6 River Systems From Shopify
Ocado Group said it plans to acquire collaborative mobile robot provider 6 River Systems from Shopify, which is also selling its logistics unit, as the e-commerce industry shifts.

VettaFi Acquires ROBO Global Index Suite
VettaFi, a data and analytics firm serving asset managers and investors, said its acquisition of the ROBO Global suite will bring its indexing portfolio to more than $17 billion.

Piab Group Acquires COVAL, IB to Extend Materials Handling Reach
Piab, which provides robotic grippers, is adding COVAL's vacuum automation systems and IB Verfahrens- und Anlagentechnik's bulk materials conveyance to its offerings.

Berkshire Grey Agrees to Merge With SoftBank Group and Go Private
Berkshire Grey, a provider of AI and robotics for supply chain and logistics operations, said it expects the merger with SoftBank to close in the third quarter of 2023.

Nano Dimension Offers to Acquire Stratasys for $1.1B to Create Additive Manufacturing Leader
Nano Dimension has offered to acquire Stratasys for $18 per share in cash at a 36% premium to the March 1 stock price. The combined 3D printing company could be a market leader.

Airobotics Acquires Iron Drone Assets, Implements Drone Defense Systems With Dubai Police
Airobotics has completed its acquisition of Iron Drone's assets and signed a memorandum of understanding with the Dubai Police to deploy counter-drone security systems.



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