Announced
Completed
Financials
Tags
Acquisition
Public
Friendly
artificial intelligence
Software
United States
Cross Border
Privatisation
Majority
Single Bidder
Completed
Synopsis
SoftBank, a Japanese multinational conglomerate, completed the acquisition of Berkshire Grey, an American technology company, for $375m. “As a long-time partner and investor in Berkshire Grey, we have a shared vision for robotics and automation. Berkshire Grey is a pioneer in transformative, AI-enabled robotic technologies that address use cases in retail, eCommerce, grocery, 3PL, and package handling companies. We look forward to partnering with Berkshire Grey to accelerate their growth and deliver ongoing excellence for customers,” Vikas J. Parekh, SoftBank Managing Partner of Investment Advisers.
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