Kraken Robotics acquires Covelya Group for $615M
Robotics Business Review
AI SUMMARY
Kraken Robotics acquired Covelya Group for $615 million to expand its subsea technology capabilities and market reach. The deal broadens Kraken's product portfolio in the underwater robotics and equipment sector.
FROM THE ARTICLE
Covelya Group expands Kraken Robotics' product offerings and total addressable market in subsea technology. The post Kraken Robotics acquires Covelya Group for $615M appeared first on The Robot Report .
This story was originally published by Robotics Business Review.
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