US telecommunications giant Verizon has entered into a definitive agreement to acquire incubed IT, the creator of a software platform providing autonomous navigation tools to administer, manage and optimize mixed fleets of robots in industrial settings.
Rima Qureshi, chief strategy officer at Verizon, says: “This acquisition further demonstrates Verizon’s commitment to developing new and innovative businesses and use cases leveraging the power of 5G.
“Mobile robot orchestration is a real and emerging challenge faced by enterprises today. By integrating incubed IT’s autonomous software with Verizon’s 5G platform, we will have the ability to power robotic automation at scale. [Read more…] about Verizon to acquire autonomous mobile robot software company