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Topic: Mergers & Acquisitions


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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.

Bosch Rexroth Takes Majority Stake in Kassow Robots
Bosch Rexroth is investing in Kassow Robots because it believes the cobot market will continue to grow.

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.

Essentium to Enter SPAC Merger, Go Public as It Advances Sustainable Additive Manufacturing
Essentium, which claims that its on-site additive manufacturing systems can reduce waste by 70% and the carbon footprint, said its total addressable market is $209 billion.

Fieldin Acquires Midnight Robotics, Begins Deploying Autonomous Farming Platform in California
Fieldin says the combination of its smart farm operations management platform with Midnight Robotics' autonomous driving retrofit kit will enable farmers to get actionable data.

Jungheinrich Acquires Mobile Robot and Fleet Management Firm arculus
Industrial automation provider Jungheinrich acquired arculus, whose autonomous mobile robots and fleet management software comply with the European VDA 5050 interoperability standard.

Self-Driving Truck Provider Plus and SPAC Call Off Planned Merger
Autonomous truck developer Plus has called off its planned merger with Hennessy Capital Investment Corp. V and is considering business restructuring because of stakes in the U.S. and China.

Ambarella Acquires Radar Perception Software Firm Oculii for $307.5M
Ambarella, which makes systems on a chip for computer vision, said its acquisition of radar AI provider Oculii will provide greater perception for autonomous vehicles and robots.



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