Extract from M&A Insights

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OnRobot acquires Purple Robotics
August 30, 2018

OnRobot, an Odense, Denmark-based company manufacturing of end-of-arm tooling (EOAT) used in collaborative robot systems, announced the acquisition of Danish robotics startup Purple Robotics. OnRobot, led by CEO Enrico Krog Iversen and which recently raised funding from Summa Equity, is a result of a merger among U.S.-based Perception Robotics, Hungary-based OptoForce, Denmark-based OnRobot and Purple Robotics to become OnRobot A/S

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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