Schmalz acquires Soft Robotics gripper business assets

Aug 6, 2024 · Acquisition · Oxipital AI · Vision

Schmalz acquired Soft Robotics' gripper business assets, including the mGrip product family, patents and associated know-how, for an undisclosed sum.

Oxipital AI company media
Company media · Oxipital AI
  • The transaction transferred the complete mGrip finger-gripper family to Schmalz.
  • Schmalz also acquired related patents and technical know-how.
  • The divestiture separated Soft Robotics' hardware business from its remaining visual-AI operations.

Soft Robotics developed compliant robotic grippers, 3D vision and control software for handling variable and delicate food products. In 2024 it sold its gripper business assets to Schmalz and the remaining company shifted toward machine vision under the Oxipital AI name.