Zebra Technologies, which provides everything from mobile computers and printers to data capture and machine learning systems and even temperature monitoring and sensing technologies, is adding warehouse robotics to its portfolio.
The Illinois-based global company will acquire Fetch Robotics, an on-demand warehouse automation provider, for $290 million in cash. Zebra (NASDAQ: ZBRA) already owns 5% of Fetch. The transaction is subject to closing conditions and regulatory approval and is expected...