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Topic: Acquisition


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Ryder to Acquire E-Commerce, Omnichannel Fulfillment Provider Whiplash for $480M
Ryder says its $480 million acquisition of omnichannel fulfillment and retail logistics provider Whiplash will help it expand its e-commerce capabilities nationwide.

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.

Ottobock Acquires Industrial, Medical Exoskeleton Maker suitX
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.

Arbe Robotics Completes SPAC Merger, to Be First Publicly Listed Automotive Imaging Radar Firm
Arbe Robotics, which is developing 4D imaging radar chipsets for vehicle applications, will receive $118 million in investment to continue development and commercialization.

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

Thomas H. Lee Partners to Acquire Semiconductor Solutions Group From Brooks Automation for $3B
Thomas H. Lee Partners is acquiring Brooks Automation's namesake group, which will continue to provide automation for the semiconductor manufacturing industry.

Locus Acquires Waypoint as Mobile Robot Providers Serve Both Warehouses and Factories
Robotics 24/7 spoke with executives at both Locus and Waypoint as the companies combine to offer a range of mobile robots for the growing global warehouse market.

Top 10 Robotics and Autonomous Vehicle Transactions of August 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.

stow Group Acquires Raiser Robotics, Creates Warehouse Automation Unit
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.

Xiaomi Acquires DeepMotion as It Moves Into Automotive Sector
Xiaomi has reported record Q2 revenue and is diversifying from consumer electronics into electric and autonomous vehicles with its purchase of Deep Motion Technology.

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