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Zebra Technologies Completes Acquisition of Fetch Robotics

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Rhea-AI Summary

Zebra Technologies Corporation (NASDAQ: ZBRA) has successfully acquired Fetch Robotics, enhancing its capabilities in automation. Fetch Robotics specializes in Autonomous Mobile Robots (AMRs) that optimize picking processes in fulfillment and distribution centers, as well as facilitate material delivery in manufacturing. This acquisition aligns with Zebra's mission to empower industries with advanced solutions, bolstering their existing offerings in retail, manufacturing, and logistics. The integration is expected to improve efficiency and operational performance across these sectors.

Positive
  • Acquisition of Fetch Robotics enhances Zebra's automation capabilities.
  • Fetch's AMRs optimize operations in fulfillment and manufacturing.
  • Strategic move strengthens Zebra's market position in retail and logistics.
Negative
  • None.

Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the front line of business with solutions and partners that deliver a performance edge, today announced that it has completed its acquisition of Fetch Robotics, a pioneer in on-demand automation. Fetch’s Autonomous Mobile Robots (AMRs) are used for optimized picking in fulfillment centers and distribution centers, just-in-time material delivery in manufacturing facilities and automating manual material movement in any facility.

ABOUT ZEBRA TECHNOLOGIES

Zebra (NASDAQ: ZBRA) empowers the front line in retail/ecommerce, manufacturing, transportation and logistics, healthcare, public sector and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, Zebra delivers industry-tailored, end-to-end solutions to enable every asset and worker to be visible, connected and fully optimized. The company’s market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care. In 2020, Zebra made Forbes Global 2000 list for the second consecutive year and was listed among Fast Company’s Best Companies for Innovators. For more information, visit www.zebra.com or sign up for news alerts. Participate in Zebra’s Your Edge blog, follow the company on LinkedIn, Twitter and Facebook, and check out our Story Hub: Zebra Perspectives.

FAQ

What is the significance of Zebra Technologies acquiring Fetch Robotics?

The acquisition enhances Zebra's automation capabilities, positioning it better within the logistics and manufacturing sectors.

How will Fetch Robotics' technology impact Zebra's operations?

Fetch Robotics' Autonomous Mobile Robots will optimize picking and material delivery, improving overall operational efficiency.

When was the acquisition of Fetch Robotics completed by Zebra Technologies?

Zebra Technologies completed the acquisition of Fetch Robotics on August 10, 2021.

What is Zebra Technologies' stock symbol?

Zebra Technologies is traded under the stock symbol ZBRA.

Zebra Technologies Corporation

NASDAQ:ZBRA

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