Deal snapshot: Sarcos Technology and Robotics Closes USD 100m Acquisition of RE2.
MANews-(C)2009-2022
Utah, US-based industrial robotic systems provider Sarcos Technology and Robotics Corp. (NASDAQ: STRC) (NASDAQ: STRCW) has closed its acquisition of Pittsburgh-based mobile robotic systems provider RE2, Inc in a USD 100m transaction, the company said.
Total consideration for the transaction was USD 100m, consisting of USD 30m in cash and 14m shares of Sarcos common stock that were either newly...
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