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.
Read Full Story on Robotics Business ReviewRelated Stories
Drones & RoboticsABB Robotics includes vSLAM navigation in F712 autonomous forkliftRobotics Business ReviewDrones & RoboticsTesollo initiates IPO process while developing humanoid handsRobotics Business ReviewAI & Machine LearningHIVE brings in $15M to build physical AI for industrial machinesRobotics Business ReviewDrones & RoboticsBoston Dynamics brings its legged robots to the FIFA World CupRobotics Business Review