Zebra Technologies continues its journey toward becoming a provider of increasingly advanced automation and digital solutions through the acquisition of the robotics company Fetch Robotics. Fetch develops so-called AMRs—Autonomous Mobile Robots—which are used to streamline and optimize order picking in warehouses and production facilities, among other settings.
According to Zebra, Fetch offers the market's widest range of AMRs that integrate seamlessly with warehouse and production systems without requiring any changes to facilities or infrastructure.
“The acquisition of Fetch Robotics will accelerate our journey toward our vision for Enterprise Asset Intelligence and growth in intelligent industrial automation by embracing new work processes that enable our customers to work more efficiently in increasingly automated and data-driven environments,” says Anders Gustafsson, CEO of Zebra Technologies.
Zebra already owns 5 % of Fetch Robotics and is now paying $290 million (approximately 3 billion Swedish kronor) for the remaining 95 % of the company. The transaction is expected to be completed during the third quarter of 2021.
“This acquisition further demonstrates our commitment to optimizing the supply chain from manufacturing to consumption. We are pleased to welcome Fetch to the Zebra family,” concludes Anders Gustafsson, who appears in a pPersonal interview in the latest issue of Supply Chain Effect.
Zebra Technologies Corp. has been led by Swedish executive Anders Gustafsson since 2013. The company's shares are listed on the Nasdaq in the U.S.
