Standard Cognition Acquires Explorer.ai

January 7, 2019

Standard Cognition acquired Explorer.ai, a Carnegie Mellon–founded robotic mapping and computer vision startup, bringing the team's indoor-mapping technology and seven engineers into Standard to accelerate its autonomous checkout rollout. The acquisition adds mapping capabilities used for autonomous vehicles and in-store mapping, enabling faster store mapping and expansion into larger retail formats.

Buyers
Standard Cognition
Targets
Explorer.ai
Location
Pennsylvania, United States
Transaction Type
Buyout

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