Telecommunications company Verizon has acquired autonomous mobile robot (AMR) software company Incubed IT to expand its robotic capabilities.
Verizon has entered into a definitive agreement to acquire Incubed IT as it looks to expand its 5G coverage, capacity, and mobile edge compute capabilities.
Incubed IT’s autonomous software will enable enterprise customers to gain new efficiencies as they scale their AMR fleets.
Rima Qureshi, chief strategy officer at Verizon, said: “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.
“This will create new opportunities for enterprise customers to better and more effectively monitor and optimise their business processes.”
Incubed IT’s software can be integrated into nearly any mobile robot and includes a smart shuttle navigation tool that transmits near real-time data to navigate AMRs.
Furthermore, the software features a fleet management server that controls the AMRs and routing operations. It also provides data monitoring and analytics tools with advanced reporting.
Elise Neel, vice president of Verizon’s new business incubation, said: “Incubed IT’s next-generation software and autonomous fleet management server are foundational components for the future of terrestrial robotics.
“When we combine Incubed IT’s capabilities with the reliability, responsiveness and vast capabilities of Verizon’s 5G platform, we will enable faster, less expensive and more effective adoption of robotic automation for enterprises everywhere.”
Incubed IT’s employees will join the Verizon new business incubation team with the aim of scaling new automation businesses.
Furthermore, the Incubed IT team will continue to drive development, sales and support for its customers and suite of products across a fleet of diversified robotic partners.
