“In early rapid-growth phase, this high gross-margin profile business is generating annualized run-rate sales of approximately $10 million.” “Zebra’s go-to-market footprint and vertical market expertise is expected to drive synergies as we integrate and invest in the business,” said the company.
It added that the planned acquisition furthers its vision of bringing advanced robotics to customers with labor-intensive operations. Zebra said it expects to fund the $290 million purchase price-for the 95% of the business it does not already own-with cash on hand. “The Fetch Cloud Robotics Platform provides on-demand automation for materials handling and inventory management, with the ability to find, track, and move almost anything in any facility,” said the company.įetch added that its Workflow Builder drag-and-drop workflow development studio is intended to allow customers and partners to deploy material handling automation in hours instead of months. It said the system can provide unique insights into facilities through machine learning on AMR sensor data.
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In addition to its portfolio of AMRs, Fetch offers the FetchCore cloud-based software for deploying and integrating automated workflows. The company added that its AMRs can be seamlessly integrated with enterprise systems without changes to warehouse or manufacturing infrastructure. It claimed that its AMRs can help reduce the impact of labor shortages by improving throughput, efficiency, and productivity while working alongside people. San Jose, Calif.-based Fetch Robotics said its mobile robots, software, and services are used for optimized picking in fulfillment and distribution centers, just-in-time material delivery in factories, and automating material movement in almost any facility. Zebra has been working with Fetch, and it also recently acquired Adaptive Vision and expanded its machine vision offerings.įetch Robotics manages robots in the cloud
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“This acquisition is a continuation of what we expect to be a series of innovations that reflect our commitment to creating solutions that help our customers improve their operations through robotics.” “Our goal is to give robots and people the opportunity to do their very best work,” said Bill Burns, chief product and solutions officer at Zebra. Zebra added that its systems can elevate the shopping experience, track and manage inventory, as well as improve supply chain efficiency and patient care.Ĭurrent Zebra offerings focusing on human workflows, such as FulfillmentEdge and SmartSight, will complement Fetch Robotics' systems to drive greater efficiencies and higher returns on investment (ROI) through better orchestration of people and technology, said the company. The Lincolnshire, Ill.-based company has more than 10,000 partners across 100 countries and said it enables every asset and worker to be visible, connected, and fully optimized. Zebra Technologies said it serves industries including retail/e-commerce, manufacturing, transportation and logistics, and healthcare.
“This move will also extend our ongoing commitment to optimize the supply chain from the point of production to the point of consumption.” Zebra tracks assets, workflows “The acquisition of Fetch Robotics will accelerate our Enterprise Asset Intelligence vision and growth in intelligent industrial automation by embracing new modes of empowering workflows and helping our customers operate more efficiently in increasingly automated, data-powered environments,” said Anders Gustafsson, CEO of Zebra Technologies. “The Fetch team is excited to join Zebra and accelerate the adoption of flexible automation through AMRs and our cloud-based robotics platform,” stated Melonee Wise, CEO of Fetch Robotics. “By helping customers dynamically optimize and holistically orchestrate their fulfillment, distribution, and manufacturing operations, together we help enable their ability to stay ahead of growing demand, minimize delivery times, and address shrinking labor pools.” The companies said they will combine Zebra's asset tracking and management expertise with Fetch's automation to expand into the manufacturing, logistics, and warehousing markets. today announced its intention to acquire autonomous mobile robot, or AMR, provider Fetch Robotics Inc.
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