Making its inaugural deal, special purpose acquisition company Revolution Acceleration Acquisition Corp. has entered into an agreement with Berkshire Grey, which provides AI-enabled integrated robotic solutions for the supply chain.
The deal values the combined company at $2.7 billion and is expected to provide Berkshire Grey about $413 million in cash.
“My partner Steve Case and I are thrilled to have identified Berkshire Grey for our inaugural SPAC,” said Revolution Chief Executive Officer...
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