Sevensense, which has developed Visual Simultaneous Localization and Mapping for mobile robots, has grown from a partner to a unit of ABB.
8 noteworthy robotics acquisitions of 2023
We covered 25 mergers and acquisitions in 2023 worth billions of dollars. These 8 stood out from the rest.
Electric Sheep Robotics acquires 2 more landscaping businesses
Electric Sheep Robotics has now acquired four landscaping businesses in recent months.
LIG Nex1 intends to acquire stake in quadruped maker Ghost Robotics
LIG Nex1 and a partner have offered to acquire 60% of industrial and defense supplier Ghost Robotics, which is valued at $400 million.
EU says Amazon, iRobot merger ‘may restrict competition’
The EU informed Amazon that its preliminary view is that the acquisition may restrict competition in the market for robot vacuum cleaners.
Agile Robots acquires Franka Emika
Agile Robots said it will take over Franka Emika’s operations, keeping its approximately 100-person staff with plans to grow the company.
Electric Sheep acquires 2 traditional landscaping companies
The acquisitions are part of the Electric Sheep’s long-term strategy to consolidate the landscaping industry.
Nauticus to acquire 3D at Depth for $34M in stock
Nauticus is acquiring the company for approximately $34 million in stock, before certain purchase price adjustments and assumption of debt.
Rockwell Automation acquiring AMR developer Clearpath Robotics
Rockwell Automation said AMRs “are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the connected enterprise to life.”
Jungheinrich acquires all shares of mobile robot developer Magazino
Jungheinrich has had shares in Magazino since 2020, and in 2022 it increased its ownership to 21.7%, now its increasing its ownership again.
AeroVironment acquires Tomahawk Robotics for $120M
AeroVironment will acquire 100% of Tomahawk Robotics’ equity, and the purchase price will be paid in a mix of cash and stock.
Iris Ohyama to acquire service robot maker Smile Robotics
Iris Ohyama, a Japanese maker of appliances for the home, has made plans to acquire Smile Robotics, a serving robot developer.
Report: EU to investigate Amazon’s pending iRobot acquisition
The EU seems to be ready to open a full-scale anti-trust investigation into the Amazon acquisition of iRobot, according to reporting from Reuters.
Tesla acquiring wireless charging developer Wiferion
Tesla has plans to acquire Wiferion, a source who wished to remain anonymous told The Robot Report.
SoftBank makes offer to acquire Balyo shares
SoftBank Group has entered into an agreement to acquire a 41.8% stake in Balyo for €11.8 million, around $12.9 million.
Tertill, maker of home weeding robot, merges with Harvest Automation
Tertill and Harvest Automation have close ties. And the hope is for the new company to be a major player in the automation of food production.
XTEND acquires drone inspection company Performance Rotors
XTEND, the developer an operating system that helps users that have no flight experience operate drones, has acquired Performance Rotors.
Ocado acquiring 6 River Systems from Shopify
Ocado Group is acquiring autonomous mobile robot maker 6 River Systems from Shopify for an undisclosed amount.
Alphatec acquires robotic navigation platform
Alphatec announced that it acquired all assets related to the REMI robotic navigation system from Fusion Robotics.
Berkshire Grey to join Softbank Group
Berkshire Grey is merging with SoftBank Group Corp in a deal valued at 24% more than the stock price at the end of trading on March 24, 2023.
John Deere acquires SparkAI’s human-in-the-loop tech
John Deere uses SparkAI’s human-in-the-loop technology on its autonomous tractors to resolve edge cases in real time.
LiDAR makers Ouster, Velodyne complete merger
The combined company has an intellectual property portfolio with 173 granted and 504 pending patents and a cash balance of over $315 million.