ABB Acquires Sevensense
January 14, 2024
ABB has acquired Swiss start-up Sevensense, an ETH Zurich spin-off that provides AI-enabled 3D vision navigation (Visual SLAM) for autonomous mobile robots (AMRs). The acquisition (financial terms undisclosed) will integrate Sevensense's technology into ABB's AMR portfolio to expand capabilities in automotive, logistics and other intralogistics markets; Sevensense will remain based in Zurich with about 35 employees.
- Buyers
- ABB
- Targets
- Sevensense
- Industry
- Industrial Services
- Location
- Zurich, Switzerland
- Transaction Type
- Buyout
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