Partnership
incubed IT x Verizon
Verizon entered into an agreement to acquire incubed IT the creator of a software platform providing autonomous navigation tools for mobile robots. The acquisition combined incubed IT capabilities with Verizon 5G platform to enable enterprise robotic automation at scale.
investment · Concluded · operating
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52f3fd17-112f-4437-a696-10077792a178- Type
- investment
- Status
- Concludedoperating
- Announced
- 2021-05-255.3 years ago
- Active for
- 5.3 years
Who’s involved
Austrian developer of hardware-agnostic autonomous navigation and fleet management software for autonomous mobile robots (AMRs). Founded in 2011 by seven Graz University of Technology graduates from the RoboCup team, incubed IT built the Smart Shuttle Navigation Toolkit, Fleet Management Server, and Data Monitoring & Analytics suite — compliant with the VDA 5050 interface standard. Verizon acquired the company in February 2021 to integrate its AMR orchestration software with Verizon's 5G and edge compute platform.
Off-registry parties
- Verizon · customer
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Sources (1)
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