Zebra Technologies (ZBRA) plans to take full control of Fetch Robotics, a provider of on-demand automation solutions for manufacturing and fulfillment environments. Fetch’s solutions help customers address the problem of labor shortages. Zebra intends to purchase the remaining 95% stake in Fetch that it does not already own. It expects to spend $290 million on the purchase with the money coming from its cash on hand.
https://www.tipranks.com/news/zebra-technologies-to-acquire-rest-of-fetch-robotics-for-290m
Zebra Technologies (NASDAQ:ZBRA)
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