# Agile Robots acquires Franka Robotics: acquisition

Canonical ID: `60376ec8-1d1f-4d8e-9788-4c4e4069a54f`

Agile Robots acquired Franka Emika after it filed for preliminary insolvency. Took over operations and ~100-person staff.

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

## Parties

- **Acquirer:** [Agile Robots](https://registry.deploy.report/companies/agile-robots.md)
- **Acquired:** [Franka Robotics](https://registry.deploy.report/companies/franka-robotics.md)

## Timeline

- **Announced:** 2023-11-01
- **Closed:** 2023-12-01

## Sources (2)

1. https://www.therobotreport.com/agile-robots-acquires-franka-emika/
2. https://www.agile-robots.com/en/news/detail/franka-robotics-celebrates-production-of-1000th-franka-research-3-robot/


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