Topic: Mergers & Acquisitions

News

Hy-Tek Holdings Acquires Fellow Integrator Advanced Handling Systems

January 5, 2022 · Hy-Tek Holdings is acquiring Advanced Handling Systems and adding the automation systems integrator to its Hy-Tek Material Handling group serving varied applications.

News

Symbotic to Take AI Powered Supply Chain Robots Public With SoftBank Partnership

December 13, 2021 · 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.

News

MassRobotics Marks Another Year of Growth, Successful Partnerships

December 10, 2021 · 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.

News

Essentium to Enter SPAC Merger, Go Public as It Advances Sustainable Additive Manufacturing

December 2, 2021 · 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.

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Fieldin Acquires Midnight Robotics, Begins Deploying Autonomous Farming Platform in California

November 17, 2021 · 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.

News

Jungheinrich Acquires Mobile Robot and Fleet Management Firm arculus

November 10, 2021 · Industrial automation provider Jungheinrich acquired arculus, whose autonomous mobile robots and fleet management software comply with the European VDA 5050 interoperability standard.

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Self-Driving Truck Provider Plus and SPAC Call Off Planned Merger

November 9, 2021 · 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.

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Ambarella Acquires Radar Perception Software Firm Oculii for $307.5M

November 8, 2021 · 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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Ottobock Acquires Industrial, Medical Exoskeleton Maker suitX

November 3, 2021 · Ottobock and suitX are combining their portfolio of wearable assistance devices for both healthcare and industrial use cases. Their exoskeletons can augment or restore human capabilities.

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Arbe Robotics Completes SPAC Merger, to Be First Publicly Listed Automotive Imaging Radar Firm

October 7, 2021 · Arbe Robotics, which is developing 4D imaging radar chipsets for vehicle applications, will receive $118 million in investment to continue development and commercialization.

News

Ouster to Acquire Sense Photonics, Bring Solid-State Lidar to Market for Automotive Industry

October 6, 2021 · The companies said the acquisition will solidify Ouster as an industry leader with long-range solid-state digital lidar, a major OEM deal, and series production with global automakers.

News

Sarcos Marks Industrial Exoskeleton Milestone, Begins Trading on Nasdaq

September 28, 2021 · The CEO of Sarcos explains how the company's recent SPAC merger and trading on Nasdaq will enable it to scale development and production of its wearable and teleoperated systems.

News

Thomas H. Lee Partners to Acquire Semiconductor Solutions Group From Brooks Automation for $3B

September 20, 2021 · Thomas H. Lee Partners is acquiring Brooks Automation's namesake group, which will continue to provide automation for the semiconductor manufacturing industry.

News

Top 10 Robotics and Autonomous Vehicle Transactions of August 2021

September 8, 2021 · In August 2021, the total number of deals and their dollar value fell from the previous month, but industrial automation, self-driving cars, and logistics still thrived.

News

stow Group Acquires Raiser Robotics, Creates Warehouse Automation Unit

September 2, 2021 · Belgium-based stow Group is acquiring German startup Raiser Robotics and its automated storage and retrieval system to add to its new warehouse automation group.

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Xiaomi Acquires DeepMotion as It Moves Into Automotive Sector

September 1, 2021 · Xiaomi has reported record Q2 revenue and is diversifying from consumer electronics into electric and autonomous vehicles with its purchase of Deep Motion Technology.

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Timken Acquires Intelligent Machine Solutions to Expand Linear Motion Line With Industrial Robots

August 23, 2021 · Intelligent Machine Solutions, which makes floor-mounted, seventh-axis robotic transfer units, and gantry systems, will grow Timken's Rollon presence across industries.

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Memic Innovative Surgery Announces SPAC Deal, $1B Valuation

August 20, 2021 · Memic has developed the Hominis surgical robot, which is intended to provide human-level dexterity for minimally invasive procedures in women's health. It has FDA approval.

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AEye Closes SPAC Merger, and Lidar Maker Begins Trading on Nasdaq

August 20, 2021 · AEye said its software-configurable, adaptive iDAR system provides range, resolution, and speed advantages over existing lidar for autonomous vehicles, driver assistance, and robots.

News

Desktop Metal to Acquire ExOne for Leadership in Additive Manufacturing for Mass Production

August 11, 2021 · Desktop Metal and ExOne, both of which claim to be 3D printing pioneers, plan to combine their offerings in a broad portfolio for additive manufacturing at scale.

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