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Verizon acquires incubed IT

Verizon acquired incubed IT to bring autonomous mobile-robot navigation and fleet-management software into Verizon's 5G and edge-computing portfolio. Verizon's robotics materials describe orchestration of mobile robots and connected devices (Verizon incubed IT agreement).

investment · Concluded · operating


Machine-readable surfaces

9292f3a7-de1d-4f2d-95ff-8e5112fc9650
Type
investment
Status
Concludedoperating
Announced
2021-02-15
5.6 years ago
Active for
5.6 years

Who’s involved

incubed ITtechnology provider

Austrian developer of hardware-agnostic autonomous navigation and fleet management software for autonomous mobile robots (AMRs). Founded in 2011 by seven Graz University of Technology graduates from the RoboCup team, incubed IT built the Smart Shuttle Navigation Toolkit, Fleet Management Server, and Data Monitoring & Analytics suite — compliant with the VDA 5050 interface standard. Verizon acquired the company in February 2021 to integrate its AMR orchestration software with Verizon's 5G and edge compute platform.

HQHart bei Graz, Austriaincubedit.com4 partnerships

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Off-registry parties

  • Verizon · investor partner

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Sources (2)

  1. https://www.verizon.com/about/news/verizon-enters-agreement-acquire-incubed-it
  2. https://www.verizon.com/about/sites/default/files/2022-04/One-Pager-Verizon-Robotics-v2.pdf

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