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Zebra Technologies to Acquire Fetch Robotics

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LINCOLNSHIRE, Ill., July 9, 2021 — Business and automation solutions provider Zebra Technologies will acquire Fetch Robotics, an intralogistics automation company pioneer and developer of autonomous mobile robots. The company expects use cash on hand to pay $290 million for the 95% of the business it does not already own. The acquisition is expected to close in the third quarter of 2021. Zebra Technologies acquired software company Adaptive Vision in May. The acquisition of Fetch Robotics will expand Zebra Technologies’ offerings of robotics technology and software. Courtesy of Business Wire.Read full article

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    Published: July 2021
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    Businessmachine visionroboticsautomationautonomous robotsautonomous mobile robotsZebra TechnologiesFetch Roboticsmergersmergers & acquisitionsacquisitionSoftwareautonomouscobotscobot

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