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Sarcos Technology And Robotics Corporation Closes Acquisition Of Re2, Inc.

PUBLIC · PDYNApr 25, 2022

Acquiring Company

Palladyne AI Corp.

Acquired Company

Palladyne AI Corp.

Salt Lake CitySalt Lake CitySalt Lake CityInformation TechnologySoftwareArtificial IntelligenceMachine LearningInformation TechnologySoftwareArtificial IntelligenceMachine LearningInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Description

Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW) today announced the successful closing of the previously announced acquisition of Pittsburgh-based robotics company RE2, Inc., a developer of autonomous and teleoperated mobile robotic systems for use in the aviation, construction, defense, energy, and medical industries. The closing of this transaction brings together two leading commercial robotics teams focused on developing industrial robotic technologies that improve worker safety and productivity.

Quick answer

Palladyne AI Corp. and Palladyne AI Corp. are acquiring Palladyne AI Corp., announced April 25, 2022. Palladyne AI Corp. is based in Salt Lake City, Utah, United States.

Who acquired Palladyne AI Corp?
Palladyne AI Corp. and Palladyne AI Corp. agreed to acquire Palladyne AI Corp. on April 25, 2022.
How much did Palladyne AI Corp. pay for Palladyne AI Corp?
The deal value was not disclosed.
Where are Palladyne AI Corp. and Palladyne AI Corp. based?
Palladyne AI Corp. is based in Salt Lake City, Utah, United States. Palladyne AI Corp. is based in Salt Lake City, Utah, United States.
Who are the decision-makers at Palladyne AI Corp?
Fundz holds 3 contacts at Palladyne AI Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Palladyne AI Corp.

Location

650 SOUTH 500 WEST

Salt Lake City, Utah, United States

Company

Palladyne AI Corp.

Location

650 SOUTH 500 WEST

Salt Lake City, Utah, United States

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Frequently asked

Who acquired Palladyne AI Corp.?

Palladyne AI Corp. was acquired by Palladyne AI Corp., based in Salt Lake City. The deal was reported on April 25, 2022. Palladyne AI Corp. is publicly traded (PDYN) and operates in Information Technology.

When did Palladyne AI Corp. acquire Palladyne AI Corp.?

Palladyne AI Corp.'s acquisition of Palladyne AI Corp. was reported on April 25, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Palladyne AI Corp. do?

Palladyne AI Corp. is the company acquired in this transaction. It is publicly traded (PDYN), operating in Information Technology, and is based in Salt Lake City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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