berkshire grey - Tech News from Simmons Systems

Tech News from Simmons Systems

berkshire grey

A collection of 4 posts

Warehouse Robotics Firm Berkshire Grey Goes Public in $2.7B SPAC Deal

Berkshire Grey is going public through a $2.7 billion merger with Revolution Acceleration Acquisition Corp to accelerate its growth in the warehouse automation sector.

Warehouse Robotics Firms Push Automation as Amazon Competition Heats Up

Warehouse robotics companies like Berkshire Grey and Locus Robotics secure major funding and explore public offerings to help retailers compete with Amazon's massive automation footprint.

Warehouse Robotics Firms Push Automation to Compete With Amazon

Robotics companies are accelerating warehouse automation to help retailers compete with Amazon's massive robotic fleet. Both full-scale solutions and robots-as-a-service models show strong growth as the industry targets a largely untapped market.

Warehouse Robotics Firm Berkshire Grey Goes Public Through $2.7B SPAC Merger

Berkshire Grey merges with Revolution Acceleration Acquisition Corp. in a deal that values the robotics company at up to $2.7 billion. The transaction brings up to $413 million in cash to scale operations and meet rising pandemic-driven automation demand.