RealWear Acquires Genba AI

June 9, 2022

RealWear has acquired Seattle-based Genba AI and received an additional $1.5 million Series C investment from Fortive Corporation. The deal brings Genba’s voice-enabled, speech-to-text SaaS for industrial maintenance into RealWear’s assisted-reality platform, accelerating RealWear’s shift to a platform-first SaaS strategy and opening new industrial channels (including a co-selling program with Fluke/eMaint).

Buyers
RealWear, Fortive Corporation
Targets
Genba AI
Industry
Cloud & SaaS
Location
Washington, United States
Transaction Type
Buyout

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