# incubed IT x Verizon: partnership

Canonical ID: `52f3fd17-112f-4437-a696-10077792a178`

Verizon entered into an agreement to acquire incubed IT the creator of a software platform providing autonomous navigation tools for mobile robots. The acquisition combined incubed IT capabilities with Verizon 5G platform to enable enterprise robotic automation at scale.

- **Type:** investment
- **Status:** concluded
- **Verification posture:** verified

## Parties (2)

- [incubed IT](https://registry.deploy.report/companies/incubed-it.md) technology provider
- Verizon _(off-registry)_ customer

## Timeline

- **Announced:** 2021-05-25

## Sources (1)

1. https://www.verizon.com/about/news/verizon-enters-agreement-acquire-incubed-it


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