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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