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New Deal


Announced

Completed

Sanctuary AI completed the acquisition of Tangible Research.

Financials

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

Sources

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Tags

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United States

Data Centers and Hosting

research & analytics

Acquisition

Majority

Completed

Single Bidder

Cross Border

Private

Friendly

Synopsis

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Sanctuary AI, a company that specialises in development of human-like intelligence in general-purpose robots, completed the acquisition of Tangible Research, a company that specialises in studying, collaborating, and innovating to advance haptic telerobot capabilities and applications. Financial terms were not disclosed. Tangible Research will help Sanctuary AI to implement the best possible haptic technology into the company's systems.

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