# ABB acquires Sevensense: acquisition

Canonical ID: `e98cbb87-8479-4e00-a76c-b7077c73ff0b`

ABB acquired Sevensense (announced Jan 11, 2024; terms undisclosed), a Swiss ETH Zurich spin-off (founded 2018) providing AI-enabled 3D Visual SLAM navigation for autonomous mobile robots.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** undisclosed
- **Verification posture:** verified

## Parties

- **Acquirer:** [ABB](https://registry.deploy.report/companies/abb.md)
- **Acquired:** [Sevensense](https://registry.deploy.report/companies/sevensense.md)

## Timeline

- **Announced:** 2024-01-11

## Sources (1)

1. https://new.abb.com/news/detail/111398/abb-acquires-sevensense-expanding-leadership-in-next-generation-ai-enabled-mobile-robotics


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