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New Deal


Announced

Completed

Furhat completed the acquisition of Misty Robotics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Majority

Acquisition

hardware solutions

Production Technology Equipment

United States

Completed

Friendly

Single Bidder

Synopsis

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Furhat, a social robotics company, completed the acquisition of Misty Robotics, a hardware company that builds personal robots for homes and offices. Financial terms were not disclosed. “Misty is an incredibly well designed and engineered robot that one falls in love with at first sight. Very likable and social, yet highly sophisticated in terms of hardware and software. There are more than 1k Mistys out in the world, and the range of applications users are building with Misty is very inspirational. We have admired the work of the Misty Robotics team over the past years and their focus on developers. To be joining forces is an exciting moment for everyone at Furhat, and I believe for the whole social robotics industry,” Samer Al Moubayed, Furhat CEO and Co-founder.

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