GE Vernova Acquires Robotech Automation to Enhance Robotics Capabilities
GE Vernova Inc. (NYSE:GEV) announced on May 21 that it has agreed to acquire Canada-based robotics and automation systems integrator, Robotech Automation. The acquisition aims to accelerate GE Vernova's capabilities in robotics and automation. While financial terms were not disclosed, the deal is expected to close by Q3 of this year.
Tickers: $GEV
Topics: acquisition automation robotics