# Verizon acquires incubed IT: partnership

Canonical ID: `9292f3a7-de1d-4f2d-95ff-8e5112fc9650`

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](https://www.verizon.com/about/news/verizon-enters-agreement-acquire-incubed-it)).

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

## Parties (2)

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

## Timeline

- **Announced:** 2021-02-15

## 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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