Thursday, February 9, 2023
HomeRobotics8 notable robotics acquisitions in 2022

8 notable robotics acquisitions in 2022


Hearken to this text

Voiced by Amazon Polly

This yr, we coated practically 50 mergers and acquisitions price billions of {dollars}. The SPAC craze of 2021 seemingly got here to a crashing halt, however there was nonetheless loads of M&A exercise.

Under are 10 robotics acquisitions, in chronological order, that stood out to us in 2022 and two notable mergers. Have a look again on the notable acquisitions of 2021.

Subscribe to The Robotic Report E-newsletter or hearken to The Robotic Report Podcast to remain up to date on the robotics tales it’s worthwhile to find out about. For all of the mergers and acquisitions, try our particular part.


Aptiv acquires Wind River

Date Introduced: Jan. 11, 2022
Quantity: $3.5B

Aptiv kicked off the yr with a bang, asserting it was buying Wind River for $4.3 billion. The deal simply closed on Dec. 23, however at a cheaper price level of $3.5 billion. The businesses mentioned the value was amended due to sure modifications in Wind River’s working construction required to deliver the regulatory approval course of to a passable conclusion.

Aptiv, a worldwide mobility firm, in 2019 together with Hyundai Motor Group shaped the autonomous driving three way partnership now often called Motional. Wind River is a worldwide chief in growing software program for the sting. Its software program is used on greater than two billion edge gadgets throughout greater than 1,700 prospects globally. Wind River generated roughly $400 million in income in 2021. Intel acquired Wind River in 2008 for $884 million. Intel offered Wind River to TPG Capital in 2018 for an undisclosed quantity.

Aptiv mentioned the acquisition permits it to execute towards the massive software-defined mobility alternative and develop into a number of industries. Aptiv mentioned it would mix Wind River Studio, a cloud-native clever programs software program platform, with its SVA platform and automotive experience.


Zebra Applied sciences acquires Matrox Imaging

Date Introduced: March 15, 2022
Quantity: $875M

Zebra Applied sciences acquired Matrox Imaging for $875 million. Matrox Imaging develops machine imaginative and prescient elements and programs and generates annual gross sales of roughly $100 million.

Matrox provides platform-independent software program, software program growth kits (SDKs), sensible cameras, 3D sensors, imaginative and prescient controllers, enter/output (I/O) playing cards, and body grabbers that are used to seize, examine, assess, and report information from industrial imaginative and prescient programs in manufacturing facility automation, electronics and pharmaceutical packaging, semiconductor inspection, and extra.

Zebra Applied sciences in 2021 acquired Adaptive Imaginative and prescient, a machine imaginative and prescient software program firm, and launched its personal line of fastened industrial scanning and machine imaginative and prescient programs. Zebra mentioned the Matrox Imaging deal will complement the aforementioned merchandise.

The deal expanded Zebra’s presence within the automation market. In 2021, Zebra acquired Fetch Robotics, a San Jose, Calif.-based developer of autonomous cellular robots for $290 million.


Bosch Rexroth acquires cobot maker Kassow

Date Introduced: March 21, 2022
Quantity: Undisclosed

Kassow Robots

Kassow Robots is growing 7-DOF cobot arms. (Credit score: Kassow Robots)

Bosch Rexroth acquired the bulk stake in Kassow Robots, a Denmark-based developer of 7-axis collaborative robotic arms. Bosch mentioned the acquisition permits it to supply one-stop options, particularly for the buyer items and mobility business together with battery manufacturing in addition to for semiconductor manufacturing. Kassow has 5 cobots in its portfolio, together with reaches from 850mm to 1800mm and payloads from 5kg to 18kg.

Kassow Robots exited stealth mode at Automatica 2018. It was co-founded in 2014 by Kristian Kassow, the previous co-founder of Common Robots, which is the main developer of cobots. Based in 2005 by Kassow, Esben Østergaard and Kasper Støy, Common Robots was acquired a mere 10 years later by Teradyne for $285 million.


Sarcos buys RE2 Robotics

Date Introduced: March 28, 2022
Quantity: $100M

Sarcos Expertise and Robotics Company acquired RE2 Robotics, a Pittsburgh-based developer of autonomous and teleoperated cellular robotic programs, for $100 million. The deal consists of $30 million in money and $70 million of Sarcos frequent inventory. Each firms have had long-term success with army and protection prospects, however they by no means collaborated.

The mixed firm now provides an prolonged product portfolio, which is able to allow it to focus on a much wider spectrum of buyer wants throughout the industrial (aviation, development, medical and subsea) and protection sectors. For instance, the corporate has been working with Changi Airport Group to develop an outdoor-based baggage loading system that may automate the loading and unloading of free passenger luggage from a narrow-bodied plane.


American Robotics acquires Airobotics

Date Introduced: July 5, 2022
Quantity: Undisclosed

American Robotics acquired Airobotics, an Israeli developer of autonomous unmanned plane programs (UAS). The acquisition is meant to speed up American Robotics’ technical growth and regulatory roadmap and develop the breadth of functions, use instances and vertical targets.

Combining American Robotics and Airobotics additionally means bringing collectively main engineering and aviation expertise and two world-class expertise platforms. In January 2021, Marlborough, Mass.-based American Robotics turned the primary firm accepted by the Federal Aviation Administration to function totally autonomous drones with out visible observers on-site. Earlier than this approval, waivers and certifications awarded by the FAA required visible observers to be stationed alongside the flight path to watch a drone’s airspace.


Amazon shopping for iRobot

Date Introduced: August 5, 2022
Quantity: $1.7B

Amazon agreed to purchase shopper robotics large iRobot for $1.7 billion again in August, however the deal is underneath overview by the Federal Commerce Fee (FTC). The antitrust investigation is specializing in whether or not the information supplied by iRobot’s Roomba robotic vacuum offers Amazon an unfair benefit within the retail business. The FTC can be analyzing how the road of robotic vacuums would slot in with Amazon’s current sensible residence merchandise.

Amazon and iRobot have had a relationship relationship again to 2005 earlier than iRobot went public. iRobot listed Discover Holdings LLC as an investor and named Elizabeth Korrell as its supervisor. Discover Holdings was one other identify for Bezos Expeditions, Jeff Bezos’ private funding agency on the time, and Elizabeth Korrell was an lawyer for Bezos. Past that, iRobot makes use of Amazon Internet Companies (AWS) and developed voice integration between Alexa and the Roomba.

Each firms might seemingly profit from this deal. Amazon has struggled to enter the buyer robotics market and underwhelmed the business with its Astro robotic. iRobot’s second quarter income fell 30% this yr as a result of weak demand and cancellations from retailers in North America and Europe, Center East and Africa. The corporate additionally warned of weaker progress going ahead. iRobot has diversified its product portfolio in recent times with non-robotics merchandise, together with a handheld vacuum and air purifiers.

Walmart acquires ASRS maker Alert Innovation

Date Introduced: October 6, 2022
Quantity: Undisclosed

Alert Innovation Walmart

Walmart, the world’s largest retailer, agreed to accumulate Alert Innovation for an undisclosed worth. Alert Innovation is a North Billerica, Mass.-based developer of robotic e-grocery success applied sciences.

Walmart started working with Alert Innovation in 2016 to construct customized expertise for its micro-fulfillment facilities (MFCs). Walmart piloted its first MFC in Salem, N.H. in late 2019 utilizing customized expertise from Alert Innovation. The autonomous robotic, named Alphabot, can retailer, retrieve and dispense orders by shifting horizontally, laterally and vertically throughout three temperature zones with none lifts or conveyors.

On the time of the deal, Walmart mentioned that “bringing the very best of Alert’s expertise and capabilities in-house will allow us to achieve extra prospects faster by deploying MFCs with better velocity, offering each an unmatched procuring expertise and a aggressive benefit in omnichannel success.”


Intrinsic acquires Open Supply Robotics Corp

Date: Dec.15, 2022
Quantity: Undisclosed

Intrinsic, a software program firm that launched out of the X moonshot division of Alphabet in mid-2021 to simplify the usage of industrial robots, acquired the Open Supply Robotics Company (OSRC). The OSRC is the for-profit arm of Open Supply Robotics Basis, which is the developer of the favored Robotic Working System (ROS). Intrinsic can be buying Open Supply Robotics Company Singapore (OSRC-SG), the division of the corporate that led on to the discharge of Open-RMF for interoperability.

To be clear, Intrinsic didn’t purchase the Open Supply Robotics Basis (OSRF), the non-profit that has and can proceed to be liable for the day-to-day actions and growth of ROS, Gazebo, Open-RMF and your entire ROS group.

Right here’s why this deal is vital going ahead.

“As a small unbiased firm at OSRC, it’s turn out to be more and more difficult for us to fulfill the various wants of our giant and rising person group and proceed the industrial enterprise of OSRC,” mentioned Brian Gerkey, co-founder and now-former CEO of Open Robotics, who’s becoming a member of Intrinsic together with a lot of his colleagues. “Better institutional help from Intrinsic and the assets from this transaction enable our workforce to deal with what we do greatest and speed up the event of ROS, Gazebo, and Open-RMF in a sustainable manner.

“Collectively we’ll give the robotics group nice new options in ROS, Gazebo, and Open-RMF, whereas additionally constructing new services and products on prime. We’ll proceed to enhance ROS, Gazebo, and Open-RMF in order that they can be utilized in much more domains, with ever-higher calls for for software program high quality, testing, and platform help.”

Notable mergers

There have been additionally a number of notable mergers throughout 2022. Teradyne firms Cellular Industrial Robots (MiR) and AutoGuide Cellular Robots merged to turn out to be a single provider of autonomous cellular robots (AMRs). On the finish of September 2022, the built-in firm formally turned often called Cellular Industrial Robots (MiR).

Previous to the merger, MiR provided a spread of AMRs able to carrying payloads and pallets as much as 3,000 lb. (1350 kg). By combining with AutoGuide, the portfolio will develop to incorporate excessive payload AMR tuggers and forklifts that may function on the MiRFleet software program.

One other notable merger came about between LiDAR makers Ouster and Velodyne. At press time, this merger wasn’t full, however the mixed firm plans to leverage the complementary buyer base, companions and distribution channels to speed up LiDAR adoption. Mixed, Ouster and Velodyne have 173 granted and 504 pending patents, and a money steadiness of roughly $355 million as of the tip of September 2022.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments