Partnership
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
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9292f3a7-de1d-4f2d-95ff-8e5112fc9650- Type
- investment
- Status
- Concludedoperating
- Announced
- 2021-02-155.6 years ago
- Active for
- 5.6 years
Who’s involved
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.
Off-registry parties
- Verizon · investor partner
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Sources (2)
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