Zebra Technologies completes Fetch Robotics acquisition for $301 million
Zebra Technologies completed its acquisition of Fetch Robotics on August 9, 2021 for $301 million in total purchase consideration.
Evidence notes
- Zebra acquired Fetch Robotics on August 9, 2021.
- Total purchase consideration was $301 million: $290 million cash net of cash acquired plus $11 million for Zebra's previously held minority stake.
- The acquisition expanded Zebra's autonomous mobile robot portfolio for manufacturing, distribution and fulfillment workflows.
Company context
Fetch Robotics built autonomous mobile robots and fleet-management software for intralogistics workflows including material transport, order fulfilment and autonomous data collection. Its FetchCore platform coordinated mixed AMR workflows through a cloud-managed system. Zebra Technologies acquired Fetch Robotics in 2021 and now markets the technology within its warehouse automation portfolio.